QVentures leads on seed round for digital London startup
Fund manager QVentures is to lead the funding round in digital wealth manager and startup Rosecut Technologies.
Founded by Qiaojia Li, a former Coutts and Credit Suisse private banker, and Gustavo Silva, an experienced entrepreneur and machine learning specialist, Rosecut creates investment solutions that combine artificial intelligence with human advice.
With the help of AI, Rosecut builds a financial strategy and creates an investment portfolio curated to each client’s needs and personal goals.
Launched in July 2019, the Rosecut platform aims to optimise investments as each personal plan is modelled for efficiency and automatically adjusts as ‘the world changes with time’.
Rosecut is primarily aimed at ‘NextGen’ clients, those with liquid wealth between £250k and £3m, a demographic considered underserved at private banks.
QVentures’ managing partner, Robert Walsh, said: “I am very excited to be supporting and joining the board of such a fast-moving FinTech business led by two amazing entrepreneurs.”
Rosecut has also teamed up with Entrepreneur First, global talent investor, to present a series of speaker events to engage the startup community named ‘Rosecut introduces…’.
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