Finnovest

Hyper-personal Investment Advisory platform for Next-Gen Investors

Fintech & Insurtech
Active
Mature Tel Aviv-Yafo Founded 2015
Total raised
Last: Seed 2015-01
Stage
Mature
Founded
2015
Headcount
14
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

Finnovest is at the forefront of a transformative shift in the retail investment landscape, empowering brokerage firms to move beyond price-based competition and offer a truly differentiated, hyper-personalized investment advisory experience. By leveraging proprietary algorithms, Wealth-tech, Regtech and Trading-tech, Finnovest enables brokerage firms and trading platforms to provide fully compliant, tailored and actionable investment recommendations on a large scale and to automatically trade the customized recommended orders upon 'one-tap' investor's approval. Finnovest platform provides groundbreaking Impact for trading facilitators in 4 different angles: 1. Differentiated Value for investors- Finnovest's platform drives brokerage firms beyond price-based competition. Setting them apart by providing professional hyper-personal advice under their own brand. 2.Increased Customer Loyalty and Engagement - By delivering hyper-personalized investment advice and streamlining the execution process, Finnovest's platform helps brokerage firms foster stronger relationships with their clients, leading to increased loyalty and engagement. 3.New Data-Driven Revenue Streams - Finnovest's platform provides brokerage firms with valuable data-driven insights that can be leveraged to develop new, high-value products and services tailored to their clients' specific needs. 4. New Data-Driven Revenue Streams- Finnovest's platform provides brokerage firms with valuable data-driven insights that can be leveraged to develop new, high-value products and services tailored to their clients' specific needs

Funding history · 1 round · — total

2015-01
Seed Undisclosed

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Finnovest founded and where is its headquarters located?
Finnovest was founded in January 2015 and is headquartered in Tel Aviv-Yafo, Israel.
What is Finnovest's primary focus in the market?
Finnovest focuses on providing a hyper-personal investment advisory platform for brokerage firms, enabling them to offer differentiated, tailored investment recommendations.
What type of funding has Finnovest received?
Finnovest received a Seed round of funding in January 2015, with NGN Partners as a lead investor. For full financing history, please refer to startupim.
How many employees does Finnovest currently have?
Finnovest currently has 14 employees, falling within the 11-50 employee bucket.
What technologies does Finnovest leverage in its platform?
Finnovest leverages proprietary algorithms, Wealth-tech, Regtech, and Trading-tech in its platform.
What is Finnovest's primary business model and target customers?
Finnovest operates on a B2B business model, targeting financial services, financial institutions, banks, and brokerage firms.
Who is a co-founder of Finnovest?
Tal Brockmann is a co-founder of Finnovest.
What is an example of Finnovest's platform in use?
In July 2019, Finnovest powered the 'Advise me' personalized investment advice service for FIBI bank via mobile device.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
Platforms & InterfacesMobileAPIWebSoftware
Target customers
Financial ServicesFinancial InstitutionsComplianceBanksBrokerageCapital MarketsInvestment & Portfolio ManagementTradingFinancial Products
Business model
B2B

Highlights

Verified

Tags

fintechrobo-advising