Quovo Raises .75M; Wealth Management CEOs Among Backers

Account-aggregation startup Quovo Inc. announced on Tuesday that it has closed a $4.75 million funding round. The financial data science company secured $1.4 million in a Series A round of venture funding in December 2013, and this round of funding will help the company bring smarter data to the wealth management industry, according to Quovo.  “The fintech boom, robo-advisors, and new regulations have pushed the wealth management industry into the digital revolution – where rich data sets and on-demand analytics are driving massive changes in how advice is delivered,” said Lowell Putnam, Co-Founder and CEO of Quovo, in a statement. “By combining industry-leading data aggregation with a powerful Big Data platform, we are providing financial services firms and advisors with the tools they need to better serve their clients.” The…

Link to Full Article: Quovo Raises .75M; Wealth Management CEOs Among Backers

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