Financial companies in Korea are increasingly embracing AI to improve efficiency and offer personalized services, with AI projected to reach $2.35 billion by 2026. Various firms are focusing on AI digital assistants.
Robo advisers in Korea have not performed as well as expected, with disappointing returns and financial difficulties. Meanwhile AI has been making deep-reaching impact in medicine and health care, and has increased efficiency in retail businesses...
Mirae Asset Global Investments has acquired robo-advisor Stockspot, securing 53 percent of the Sydney-based firm worth 28 million Australian dollars ($18 million), the financial firm announced Wednesday.
Robo-advisors, long shunned by skeptical investors, started to attract customers in a serious way in 2020.
Doomoolmori, a Seoul-based fintech start-up specializing in robo advisory technology, has been selected by F10, an accelerator program originating from Switzerland.
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