Bright Ideas

Fumi Technology: Getting ahead of human wealth managers with its Webull robo-advisors

  • China
  • 4 min read
  • Jan 03, 2020
  • By Megan Wang

Image: Shutterstock

Fumi's AI-based fintech platform offers real-time quotes and free trading to over 10m punters in 100 countries

Fumi Technology spends about RMB 15m every year to purchase data from leading market intelligence and research firms. Founded in Changsha three years ago by Wang Anquan, also the CEO, Fumi runs an army of Webull robo-advisors to help investors and traders optimize their portfolios around the clock. 
Currently, mainstream asset management companies in China still rely on human wealth managers to serve their clients. Wang believes that humans can no longer cope with the vast pools of data churned out every minute by trading portals and stock exchanges around the world. AI-powered analyti...

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Edited by Suzanne Soh, Wang Xiao'e

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