Managing Wealth in a Landscape of Emotions and Irrationality

wealth management through robo-advisory

Humans, by nature, are not rational creatures, especially when money is involved. Regardless of how much we have, there are emotions associated with money that impact everyone. An abundance of product information has been forced onto consumers within the wealth management scene, and they are expected to make a rational decision. However, due to our […]

The Challenges of WealthTech Transformation

Even though many industries have embraced using digital platforms, we see that the wealth management industry is still hesitant to undergo a full digital transformation. Forbes has reported in a study that found that only 16% of US and Canadian banks make use of fully digitalised verification tools for their customers to open an account […]

Hybrid Models – One Size Fits All are the Relics of The Past

The digital wealth management model of the future

Hybrid Models – One Size Fits all are The Relics of The Past Robo-advisors have taken the wealth management industry by storm with analysts from CNB predicting a $1.2 trillion industry by 2024. Following suit, Deloitte reports wealth tech companies around the globe have shifted their focus towards the development and innovations in Robo-advisors. This, in […]

Fintech in Every Aspect of Our Lives

Fintech in Every Aspect of Our Lives Fintech – the application of new technological advancements to products and services in the finance industry; short for financial technology – has pervaded every aspect of our lives. The union between finance and technology has revolutionized the banking and introduced us to embedded finance – the integration of […]

Accelerate Building Robo advisory with Wealth Management API

Who doesn’t want financial stability? A financial cushion that can serve them and be their back during rainy days? A retirement plan that can offer them the satisfaction of having a filled bank account when they are out of work? A surety that they will be able to pay the hospital bills in case of […]

The Practicalities of Predicting The Future

This post is part of an ongoing series of research updates by Bambu, a financial technology company I started in 2016. The theme of these posts is predicting the future. You can find part one here, sharing the results of a survey we ran about people’s attitude towards their future. So, you think I’m kidding […]

60 Million Users and Counting – An interview with Varun Sridhar from Paytm Money

We had the pleasure of sitting down with Varun Sridhar, CEO of Paytm Money, India’s largest online investment and wealth management platform. Varun is an expert in leading financial institutions to digital transformation through intrapreneurship. Prior to Paytm Money, he served as CEO of FinShell India, where he helped launch PaySa, a mobile fintech platform. […]

Understanding the Basics of Robo-advisors

Investing has long been a human-led experience where people trust financial institutions and portfolio managers’ advice on potential opportunities. However, this slow-moving approach is quickly becoming a thing of the past with the rise of Robo-advisors. But what is a Robo-advisor? Simply put, they provide people with portfolio advice through an automated advisory service. From […]

How Millennials’ relationship with money is reshaping wealth management

What makes each generation unique? From the slang we use to the choices we make, the nature and significance of intergenerational differences has been subject to tireless debate. But as Millennials emerge as the world’s biggest spenders, one crucial difference – their relationship with money – is having a global impact. For wealth managers, understanding […]