Hong Kong-based B2B robo-adviser Quantifeed said it will open an office in Singapore, as part of its its growth plans, after raising $10 million in a Series B funding round led by Cathay Financial Holdings, Taiwan’s largest financial holding company.
Quantifeed provides B2B robo-advice services to nine financial institutions across Asia, including Cathay United Bank, a wholly owned subsidiary of Cathay Financial Holdings, and currently has operations in Hong Kong, Taiwan, Malaysia, Singapore, and Australia.
