Nutmeg Raises Round from Goldman Sachs and Plans International Launch

UK based digital wealth manager Nutmeg has raised $59mn from a group of investors including Goldman Sachs and Hong Kong based Convoy; the new capital will be used for product development and international expansion; Nutmeg plans to launch in Hong Kong with Convoy later this year; Nutmeg is the UK’s eight largest wealth manager and recently added human advisors to become a hybrid firm. Source.