Join us in celebrating Quantifeed’s 10th anniversary. A decade filled with remarkable achievements and memorable milestones. Since our establishment in Hong Kong in 2013, we have expanded our footprint across key markets, including Singapore, Japan, the UK, Switzerland, and India. Our mission has been to empower financial institutions with digital and customer-centric investment services, revolutionizing wealth management for all. Read on to discover some key highlights from our journey over the past 10 years.
Product deployments with key Financial Institutions
In 2016, we successfully deployed CathayRobo, an innovative and scalable investment solution tailored to meet the unique needs of Cathay United Bank’s customers in Taiwan.
In partnership with China CITIC Bank International, we co-developed Robo 360 in 2019, a groundbreaking advisory platform that democratized wealth management, making it accessible to a broader audience of investors in Hong Kong and mainland China.
That same year, we played a pivotal role in the launch of DBS’s digiPortfolio, Asia’s first robo-advice platform based on discretionary portfolio management. This groundbreaking solution has set new industry standards and transformed the digital wealth management landscape in the region.
In 2021, we launched Mirai Value, a smartphone-based discretionary investment service, in collaboration with Mitsubishi UFJ Morgan Stanley Securities. Powered by Quantifeed’s cutting-edge robo-technology, the Mirai Value app allows retail customers of MUFG Bank, Japan’s largest bank, to effortlessly access globally diversified portfolios.
Going Global – Expanding our reach
Along the way, we established offices in Singapore, Sydney, Tokyo, and . These strategic expansions have enabled us to better serve our clients and cultivate strong relationships with partners in key markets, adding more local talent to strengthen our global team.
With the successful acquisition of ALPIMA, we have actively expanded our operations into London and the rest of Europe. This strategic initiative empowers us to tap into vibrant markets, establish valuable connections, and proactively deliver innovative solutions to a broader client base in these dynamic regions.
Fuelling our growth
In 2016, we secured Series A funding led by LUN Partners Group, a significant milestone that validated our unique approach and market potential. It allowed us to strengthen our product, grow the team and focus on client acquisition.
After a few successful client deployments, we secured our Series B round, led by Cathay Financial Holdings, and Series B+ round, led by Franklin Templeton. The funding we raised fuelled our growth at a time when digital wealth was becoming mainstream. It accelerated our research and development in areas such as behavioural analytics and data science to improve customer engagement.
Our Series C funding round, led by HSBC, underscored the strength and growth trajectory of our company. We utilized the funds to enhance our portfolio design, advice, and trading engines while expanding our wealth management capabilities to encompass a broader range of asset classes.
Acquiring ALPIMA
In late 2022, we acquired ALPIMA, a London-based fintech firm specializing in portfolio construction and analytics. This acquisition has enabled us to combine our platforms, providing unparalleled capabilities across the full spectrum of portfolio management.
As we celebrate our 10th anniversary, we would like to express our gratitude to our clients, shareholders, partners, and, most of all, our colleagues, past and present. We remain as focussed as ever on servicing our clients, creating an awesome company, and switching on the future of wealth management.
