Company type | Private |
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Industry | Digital Wealth Management |
Founded | 2011Milan, Italy | in
Founders | |
Headquarters | |
Number of locations | 3 offices |
Area served | |
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Products | |
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AUM | $2.2 billion |
Owners |
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Number of employees | 130 |
Website | www |
Moneyfarm (MFM Investment Ltd.) is an online investment advisor and one of the largest digital wealth management companies in Europe, regulated by the FCA[1] (UK) and CONSOB[2] (ITA).
Moneyfarm was founded in March 2011 by Paolo Galvani, chairman, and Giovanni Daprà, CEO. In March 2018 Moneyfarm launched digital Sipp a self-invested personal pension.[3]
Moneyfarm creates a profile based on a customer's investment target and risk propensity.[4]
Moneyfarm operates from offices in London, Milan, and Cagliari.
Moneyfarm received £96 million in backing from Allianz Asset Management, Poste Italiane, Cabot Square Capital, and Venture Capital fund, United Ventures.[5]