Smart AI investment consultant AQUMON closes Pre B financing round

AQUMON has closed its Pre B financing round. Investors include Lenovo Capital, Alibaba Entrepreneurs Fund, Wing Lung Bank, Cyberport Hong Kong and Plaxo.

AQUMON has closed its Pre B financing round. Investors include Lenovo Capital, Alibaba Entrepreneurs Fund, Wing Lung Bank, Cyberport Hong Kong and Plaxo.

Established in 2015, AQUMON is a developer of a smart wealth management platform intended to offer financial planning, investment management, and global asset allocation services. The company’s platform uses artificial intelligence algorithm to provide asset analysis and tailored investment portfolios based on the user’s investment goals, enabling users to obtain intelligent financial investment allocation service.

Since its inception, AQUMON mainly targeted institutions as its clients, and gradually established four quadrant core capabilities, namely to-Business (financial institutions) , plus to-Consumer (retail customers), and domestic + overseas markets.

As for the purpose of this round of financing, the company said that in the future, it will accelerate the layout in the four quadrants, especially the introduction of high-end talent, so as to accelerate the AI investment research, business development and product research and development. It will facilitate its financial institution clients to complete their business transformation, as well as provide better products for individual customers.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/08/smart-ai-investment-consultant-aqumon-closes-pre-b-financing-round/.

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