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Is Financial Inclusion the New Trend in FinTech Asset Management Platforms?

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Key Takeaways:
  • Allocations is a fintech startup that operates in the asset management space from its base in San Francisco, California.
  • The company’s revolutionary model is characterized by financial inclusion, marking a significant shift in fintech asset management.
  • Allocations is democratizing venture capital and private equity, shattering traditional barriers and opening up access to more businesses and individuals.
  • The startup has enjoyed significant success in its initial phases, with over $7m raised and $250m powered through 300 private funds.
  • The future of Allocations looks bright as a disruptor in the VC and private equity markets, setting trends for a more inclusive economy.

Allocations represents a significant wave of change in the fintech asset management industry. Based in San Francisco, the startup is focused on democratizing private equity and venture capital, thereby fostering substantial financial inclusion. In doing so, Allocations challenges traditional business models that have long been exclusive and restrictive.

The company was founded by Kendra Kinnison and Kingsley Advani, who together, envisioned an open economy where asset management is accessible to all. The duo has since initiated a profound transformation, making significant strides towards a more inclusive financial industry.

What sets Allocations apart from other fintechs in the asset management space is its distinctive philosophy of inclusion. By providing an open economy, the company has made private equity and VC investments available to a wider global audience. This open access strategy does more than simply offer investment opportunities; it also boosts liquidity and enables a more diverse set of businesses and individuals to benefit from such opportunities.

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Allocations has already powered 300 private funds and raised in excess of $7m from over 200 investors, further demonstrating the veracity of its pathbreaking model. The startup has secured funding from prominent investors that include Irish Angels, Vitalize VC, Allocations Angels, LFG Ventures, Browder Capital, and others.

Looking ahead, Allocations has a promising future in the broadly booming fintech sector and, more specifically, in the asset management landscape, where it is carving out for itself a unique, progressive niche. By reshaping the way venture capital and private equity economies work, Allocations is forging a path towards an increasingly inclusive business model, one that wields the potential to upend longstanding market norms.

For more insights into Allocations’ strides towards a more accessible asset management sphere, visit their website, follow them on Twitter, or connect with them on LinkedIn. The startup’s trajectory offers a strong statement about where the fintech world could be headed in the years to come, with increased financial inclusion striking a chord with the industry’s most influential stakeholders.

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