Identity Commons. About - Auth0. Juru.io - Identity Unchained. A Wealth Tech World: Mapping Robo-Advisors Around The Globe. Robo-advisors have raised $1.32B in funding globally since 2012. The US leads with 57% of deals followed by Germany, the UK, and China. Since 2012, private robo-advisors have raised over $1.32B globally across 119 equity investments. Robo-advisors make up the largest sub-category of companies in wealth tech and account for roughly 30% of total funding. Three of the earliest robo-advisors firms and largest in terms of total funding are Betterment, Personal Capital, and Wealthfront.
Though they lead in the US, expanding internationally is a challenge because of the complex international regulatory environment, differing investment practices, and other barriers to entry. Using CB Insights’ database, we mapped the global distribution of robo-advisors and identified geographic trends. Wealth tech startups are disrupting personal wealth management and institutional trading. Global deal share US-based robo-advisors have received 57% of the global deal share since 2012. Track Wealth Tech Startups. Partners - Trulioo: Global Identity Verification. Home. For B2B, Identity And Trust As A Service. Share Tweet Email There’s an old saying in politics and journalism which gets right to the heart of deal making and fact gathering.
“Trust, but verify.” In payments, that saying could be stood a bit on its head: “Verify, then trust.” And when it comes to B2B transactions, verification becomes especially important with far flung transactions conducted by far flung entities. Earlier this month came news that B2B auction platform Saltrex has chosen Jumio’s Netverify platform to be used in customer verification efforts, with an eye on compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, to be set once Saltrex launches the platform.
In an interview with PYMNTS, Robert Prigge, CRO of Jumio, stated that the agreement showed the continued evolution of “identity as a service” in B2C but also in B2B — where companies not only know who is on the other end of a transaction but also who can be trusted. As a Service (XaaS) Business Model.