US wealthtech Range lands $28m Series B funding round

Range, an AI-driven wealthtech company based in the US, has raised $28 million in a Series B funding round led by Cathay Innovation, increasing its total funding to $40 million. Founded in 2021, Range offers comprehensive wealth management services, leveraging its AI engine, Rai, to deliver faster financial advice. With over 1,000 high-net-worth clients and nearly $3 billion in assets advised, the new funding will support product development and team expansion. Range joins a wave of recent wealthtech funding, reflecting the sector's growth potential. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FinTech Futures » FinTech Futures