NC Company Overview
Moneyfarm is an online financial advisory platform that helps its customers to find the most efficient ways to manage their money. It allows for personal advice relating to trading and to ETFs. It offers wealth management, portfolio analysis, and other key financial services using a combination of financial expertise and the latest technology. It takes no back end fees, offering a transparent service and good value for money.
Moneyfarm, based in London, England, offers its services in the UK, Germany, and Italy. It was originally founded as an Italian investment company by Paolo Galvani and Giovanni Dapra in 2011 and then expanded into the UK in 2016, making London its new European HQ. In 2018, it acquired German start-up Vaamo, which allowed it to expand its offerings into the German market. In its startup phase, Moneyfarm was one of the most highly funded ventures in Italy, and secured investment from top tier international capital partners like Cabot Square Capital Fund, United Ventures, and Allianz.
As of May 2019, Moneyfarm has offices in Cagliari and Milan in Italy, and in London. It has won the Best Financial Consultancy Service in Italy award from La Republica newspaper for three years running, in 2016, 2017, and 2018, and has also been named the top Robo Advisor service in Italy.