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Welsh Government Backed Award-Winning Entrepreneur to Launch Wales’ First Robo-Investment Firm

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The award-winning Cardiff-based entrepreneur behind ActiveQuote, the highly successful online comparison service for health and protection insurance, is set to launch his next FinTech venture, Wealthify, in April.

ActiveQuote – launched in 2009 – is now the UK’s leading comparison site and broker of health & protection insurance products.  It has seen strong year-on-year growth, increasing turnover by more than 400% between 2011-14, and expanding from just 20 staff in 2011, to over 120 in 2016.

Dr Richard Theo, founder and MD of ActiveQuote, has co-founded Wealthify, a revolutionary online investment service designed for the mass market.

Wealthify builds personal investment plans for customers, based on their attitude to risk, then invests, monitors and manages their money for them every day. The service is designed for the digital age, allowing customers to check their investments via phone or tablet, 24/7.

SOURCE: gov.wales