Exo Investing, an artificial intelligence- (AI) powered digital wealth management platform, has secured private investment from Benjamin and Ariane de Rothschild.
The platform was also backed by ETS Asset Management Factory, who supplies quantitative investing technology to Exo.
Other investors include former heads of La Compagnie Benjamin de Rothschild Daniel Treves and Hugo Ferreira, who serves as Exo chairman.
“For years we have wanted to find a way to provide the huge financial advantage that ETS’s systems deliver to a much wider audience, and Exo is just that. The Fintech zone has a track record of democratising finance and we are proud of Exo as the latest and one of the more significant additions, this time in the increasingly crucial world of private investing,” Ferreira stated.
The new platform offers UK retail private investors an individualised, adjustable portfolio of ETFs. The portfolios are monitored round the clock and updated routinely to meet changing market needs.
Exo CEO Lennart Asshoff said: “Opening the door for thousands of private investors to the important benefits that Quantitative investment science offers is very satisfying having seen what a pivotal difference it can make to investment outcomes during my years working at ETS.
“This level of individually tailored portfolio and risk management has never been available to the retail investor before.”