Wealth management platform Stratiphy has selected Moneyhub to power its newly launched automated investment strategies.

Moneyhub’s advanced payment platform will be used to provide investors with access to personalised investment strategies through AI, seeking to offer more control over their long-term finances.

Stratiphy, which launched earlier this month (August), said there was strong demand from UK investors to take more control over their investments amid ongoing volatility in global markets.

Its research showed that 77 per cent wanted increased control and believed the ability to personalise their investment strategy was essential.

To develop the platform, Stratiphy will use Moneyhub’s advanced payment solution that incorporates open banking technology to provide users with a secure and efficient payment experience.

The wealth platform said its automation was complemented by Moneyhub’s open banking coverage and payment experience.

Furthermore, it believed that Moneyhub’s AI and data analytics technology would support its model in unlocking wealth management for people who were typically priced out of these services.

Looking ahead, Stratiphy will roll out Smart Payments (VRPs), aiming to to give users even more control over their investments.

"Our mission is to empower everyday investors to invest like professional wealth managers by unlocking access to AI-driven investment tools that enable hyper-personalisation and automation," commented Stratiphy CEO and founder, Daniel Gold.

"Our platform gives investors the opportunity to create personalised investment strategies – but also the tools to assess their quality through realistic backtests. This level of transparency, accessibility and data insights is a step change in what is available to retail investors.

"Partners such as Moneyhub have been integral throughout the development process by creating an exceptional user experience and market-leading personal investment toolkit for UK retail investors. Moneyhub is a leading payments innovator, and we will continue to collaborate to unlock access to cutting-edge wealth management tools for everyday investors."

Moneyhub CCO, Dan Scholey, added: "Stratiphy selected the Moneyhub platform due to its proven ability to simplify financial management and unlock economic potential.

"By integrating our payment solutions with Stratiphy’s automated investment strategies, Stratiphy is empowering users to navigate the complexities of investing with greater ease and security."

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