Provides wealth management software to Asian financial institutions; Plans to accelerate product development and expansion in Asia Pacific.
Quantifeed, a leader in digital wealth management solutions in Asia, has reached a significant milestone by closing US$4.5 million in a Series A financing round. Shanghai-based PGA Venture Partners led the investment. The funds will enable Quantifeed to accelerate expansion in key markets in the Asia Pacific region, including China.
“The battle in digital wealth management will be won by the institutions with the strongest distribution and the richest customer experience. We are working with some of the top institutions in Asia to build them a customer investment journey,” said Alex Ypsilanti, CEO and Co-founder of Quantifeed. “PGA Venture Partners has an incredible track record of building successful companies and we look forward to working with them on bringing our product to the Chinese market.”
Quantifeed’s clients have been using its platform to manage assets since early 2015. Quantifeed has integrated with three execution brokers to enable its clients to invest across major global markets.
“We believe Quantifeed’s digital investment solution is one of the most comprehensive in the industry, combining a robust financial technology platform, global investment themes, and a pipeline of innovative investment tools and applications,” said Mr. Peilung Li, Founder of PGA Venture Partners. “Quantifeed is well positioned to capture the next wave of private wealth’s growth in Asia and is ready to execute its strategy in China.”
Quantifeed’s automated investment platform allows banks, brokers and wealth planners to offer their customers a digital investing experience under their own brand. Quantifeed’s software and financial models provide institutions with a configurable solution to suit their wealth management objectives. This allows firms to reach hundreds of thousands of consumers quickly and economically. The online platform enables users to invest in portfolios of stocks, funds and other asset classes across all major global markets. Quantifeed offers a library of portfolios for asset allocation, thematic investments and other trading strategies.
The company was founded by former investment banking executives Alex Ypsilanti, CEO, and Ross Milward, CTO in Hong Kong in 2013.
About PGA Venture Partners
Shanghai-based PGA Venture Partners invests in early and growth stage companies around the world. Its early investments include companies in financial and education technology. The firm’s approach is to help portfolio companies navigate their entry into the Chinese market and create an ecosystem of complementary businesses.
To arrange an interview with the co-founders, Alex Ypsilanti, CEO, or Ross Milward, CTO, and for more information on Quantifeed, please contact Johanna Laajarinne: email@example.com.