FinTech
Robo Wealthsimple shuts struggling UK operation
Robo-adviser Wealthsimple is closing its UK operation and transferring 16,000 accounts to competitor Moneyfarm. The firm said in a statement that the decision was ‘a result of a shift in focus to our Canadian business for the time being’. The move will mean that £272m will be transferred to Moneyfarm,…
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