Allianz Asset Management reinvested as Poste Italiane led a $44.4m round bringing the wealth management services provider's total funding to more than $125m.
Postal service Poste Italiane has led a £36m ($44.4m) series C round for UK-based wealth management services provider Moneyfarm in connection with a strategic partnership between the duo, City AM reported yesterday.
Allianz Asset Management (AAM), a subsidiary of insurance firm Allianz, also took part in the round, having already teamed up with Moneyfarm in the German wealth management market.
Founded in Italy in 2011, Moneyfarm has created a digital wealth management platform that provides advice and investment options for…
