Quinn raises $11 million to boost AI-powered wealth advice
Quinn, a New York-based fintech startup, has emerged from stealth with $11 million in seed funding led by Viola Fintech, to offer financial institutions an artificial intelligence platform for delivering personalised financial advice at scale.
The company's AI-powered platform aims to enable banks, wealth managers, and fintech firms to provide real-time, advisor-grade financial planning services directly within their existing systems. Quinn's solution is designed to be used as a white-labelled, co-branded, or embedded platform, featuring seamless integration for swift deployment and a focus on immediate impact for clients.
Quinn's technology seeks to address limitations in traditional wealth management models, which they describe as typically constrained by an advisor-to-client ratio of 1:100. By automating core advisory functions, the platform is intended to increase accessibility to financial planning for a broader segment of customers while reducing the reliance on increased headcount within advisory teams.
Platform features
The capabilities of Quinn's platform include advisor-level onboarding processes completed in under 12 minutes, instant generation of financial plans in 30 seconds, and AI-powered recommendations targeted to enhance client engagement with premium products and services. Through automation, the company states it enables Certified Financial Planner (CFP) professionals to manage significantly larger client portfolios, allowing human advisors to prioritise higher-value interactions.
The founding team at Quinn brings over 15 years of fintech experience and two decades in machine learning and complex data systems, equipping the company with a depth of technical knowledge aimed at delivering scalable, reliable financial advice services.
Executive perspectives
"The future of wealth management isn't about replacing advisors it's about amplifying them. We're enabling institutions to offer deeply personalized, actionable advice to every customer, without compromising quality or trust."
The statement was made by Royi Markowitz, Co-Founder & Chief Executive Officer of Quinn, outlining the intended role of the platform in supporting, rather than supplanting, traditional financial advisors.
Asaf Amir, Co-Founder and Chief Technology Officer of Quinn, provided further context regarding the firm's motivations:
"Financial planning has long been too exclusive, serving the wealthy few. We built Quinn to change that. By embedding financial planning into the heart of financial institutions, we're making advice universally accessible and unlocking exponential advisor productivity."
Noam Inbar, Partner at Viola Fintech, commented on the rationale for the investment:
"Quinn is a powerful example of contextual fintech in action and aligns perfectly with our thesis delivering personalized, high-impact financial advice exactly when and where it's needed. We are excited to back this team because of their rare combination of strong capabilities and experience, and a clear vision for redefining access to financial guidance at scale."
Adoption and availability
According to Quinn, its platform is already in use with several financial institutions. The company emphasises the ability for integration via application programming interfaces (APIs), which enables financial organisations to deploy Quinn's advisory functionalities within their own digital environments rapidly.
The platform's stated mission revolves around making embedded financial planning standard practice, with promises of democratising access to quality financial advice and enhancing efficiency inside advisory businesses.
The $11 million seed round includes participation from existing investors, underpinning the company's next phase of growth as it exits stealth mode and expands its reach to a wider set of financial sector clients.
