In a seed funding round, Alinea Invest, a New York-based FinTech firm, has raised $3.4m. The company offers a user-friendly investment platform targeting Gen Z women and stands out in the market due to its personalised investment strategies and subscription model, priced at $120 per year. Alinea plans to use the funding to introduce an AI financial adviser to enhance its existing AI capabilities. This new feature will provide personalised investment advice based on factors such as age and risk tolerance.
Alinea Invest scores $3.4m AI wealth management for Gen Z ladies.
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