View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
November 20, 2017updated 23 Nov 2017 3:39pm

German fintech Ginmon to open Shanghai office

German fintech firm Ginmon has partnered with the China’s Everbright Yunfu Internet Co. Ltd  to open an office in Shanghai.

Frankfurt-based Ginmon offers access to exchange-traded fund (ETF) portfolios managed via automated software. Everbright will provide Ginmon offerings through its various channels.

Everbright Yunfu Internet Co. Ltd, Vice Chairman and CEO   Lingwu Xia said: “After a deep analysis of all providers, Ginmon’s leading technology is the best match with our ambition. Beside their convincing technology, it provides investor protection and attractive investment solutions.”

Ginmon China managing director Jerome Eger added: “The Chinese market for Robo-Advisory is estimated at more than US$ 750 billion in 2020. The industry offers an enormous growth potential of more than 15 percent.” The new Shanghai facility will house a seven-member team, which will be headed by Eger.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International