Aikido Finance to launch €5M Series A funding round to democratize Quantitative Finance in 2022

Aikido Finance, the cloud-based investment platform, has announced it will be launching a fundraising round to raise €5M in 2022, supporting its plan to further scale the growth of the business and explore new markets.

Aikido Finance gives everyone access to automated investment strategies – both stocks & cryptocurrencies. These quantitative strategies have traditionally been confined to sophisticated financial institutions. Aikido aims to break down these barriers and level the playing field. Bringing finance and technology together, they allow users to take a data-driven, evidence-based approach to their investing.

“There has been a rise in the investor generation as more people than ever hop into the markets unaided.” said CEO and Co-Founder Shane Monks O’Byrne, adding: “We put structure, systems, and strategy behind investing, empowering our users to build their own investment portfolio and to do it systematically.”

Recent studies have reported that 75% of millennials and gen-z were planning to get involved in investment through trading platforms, leveraging technology for investment opportunities. Aikido Finance’s approach makes algorithmic trading available to everyone, not just those with coding knowledge, finance backgrounds and access to large amounts of capital.

Aikido now employs six people, and aims to grow the team to 10 employees in early 2022. There has been particular emphasis on hiring developers, quants, and designers with a shared obsession for investing. The additional staff serve to cope with the surge in demand experienced since launch.

CFO and Co-Founder Conor Naylor added “We appeal to investors who want to actively build their own portfolios with little effort. These are exciting times and since our launch earlier this year the demand for our platform has exceeded forecasts. It’s now time to announce our next funding round and explore new markets.”

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