MFM Deutschland - WAP
InactiveWAP (Deutschland) AG
About MFM Deutschland - WAP
As leading German robo advisor, MFM Deutschland is dedicated to providing private individuals with easy and intuitive access to capital markets in order to enable everyone to invest their money profitably and at minimum cost.
In order to make investing accessible to everyone we focus on personal financial goals such as early retirement or the education of your children, provide customers with relevant guidance and advice at their fingertips, and ensure an excellent customer service experience. At the same time we provide direct access to an investment concept that follows Nobel prize-winning scientific research and enables customers to invest in broadly diversified investment portfolios based on low-cost passive investment strategies – and all that without minimum term or investment and at one low all-in fee.
Former company name: Vaamo Finanz AG. Vaamo Finanz AG was acquired by Moneyfarm and became MFM Deutschland on Nov 1, 2018.
Former company name: MFM Deutschland. New company name: WAP (Deutschland) / Wealth Advisory Partners.
Funding
€3m
Total raised
| Round | Year | Amount |
|---|---|---|
| Latest round | 2014 | €2.5m |
| Round −1 | 2013 | €500k |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | — | €800k |
| 2019 | — | €-1.7m |
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