US-based fintech Bunker has selected InvestCloud, a digital transformation solutions provider for the financial sector, to help launch a mobile-first digital investment platform.
The new platform is particularly built to support Latin American affluent and high-net-worth-individuals access the investment markets in the US.
It intends to make opening and managing overseas investment accounts seamless and help clients pursue their financial goals.
US-based Apex Fintech Solutions has also been integral to the launching of the new platform. The fintech firm offers custody and broker-dealer support through its subsidiary Apex Clearing for the digital investment platform.
Bunker co-founder and CEO Francisco Sosa del Valle said: “We’re very excited to be launching this solution for so many Latin Americans that are looking for an easy and friendly way to invest in safe, well-regulated markets to achieve their long-term financial goals.
“And we are proud of our key partners: InvestCloud, as a provider that offers trustworthy, unique and engaging investing experiences; and Apex, as a leading provider of custody and clearing services.”
Developed by SEC-regulated investment advisor Smartadvisor, Bunker provides Latin American high-net-worth investors with digital investment experience.
The digital financial advice platform allows customers to invest in the professionally regulated investment markets of the US.
Besides, Bunker delivers multi-lingual client communication along with financial education and wellness tools.
The offerings are backed by artificial intelligence (AI)-powered digital advice to provide better investor outcomes, said Bunker.
By utilising InvestCloud’s technology, the fintech firm expects to offer customised, end-to-end client communication and advice, including automated onboarding and prospecting through to full client lifecycle management (CLM) all at scale.
InvestCloud chief strategy officer Will Bailey said: “Partnering with BUNKER showcases InvestCloud’s ability to deliver global digital solutions for the financial industry.
“Not only did BUNKER pursue a mobile-first design, but they have implemented our core behavioural science principles across the client lifecycle management (CLM) apps.”
