Poste Italiane and Allianz stake £36m on fintech Moneyfarm

On the 09.27.19 at 3:16PM


Tuba Raqshan

Digital wealth manager Moneyfarm raised £36m (€40.5m) in its Series C funding round, which was led by Italian postal and financial services firm Poste Italiane and Allianz AM.
Giovanni Daprà, Moneyfarm’s chief executive,

The partnership with Poste Italiane will see the integration of Moneyfarm’s offering of digital investment advice backed by human support into the postal services’ digital platform.

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