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Stashaway - Growing AUM Rapidly, But Will It Be Profitable?

Michele Ferrario, Co-founder and CEO, Stashaway

24-Mar-21 08:05

Stashaway - Growing AUM Rapidly, But Will It Be Profitable?

Stashaway hit an AUM of $1 billion much faster than US-based roboadvisor pioneers Wealthfront and Betterment. While impressive, this won't mean much if it can't turn a profit.

Roshan Kanesan speaks to Stashaway CEO and Co-Founder Michele Ferrario to discuss the path to profitability, whether they can mirror Betterment and Wealthfront growth rates (which now have around $21 billion in AUM), IPO plans, possible partnerships, what competitors keep Michele up at night, and more.

Background Photo Credit:

Michele Photo Credit: Stasahaway

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

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Categories:  Business AnalysisTrends and ForecastsMarketsPersonal FinanceInvestmentsFinancial LiteracySocial Issues

Tags:  RoboadvisorDigital InvestingDigital Investment ManagerAUMIPOProfitability

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