HK robo-adviser Quantifeed raises $10m Series A led by Cathay Financial

Quantifeed's management team (from left) Chief Commercial Officer John Robson, CEO Alex Ypsilanti, CFO and COO Audrey Wong, and CTO Ross Milward. Photo from Quantifeed's website.

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.

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