The acquisition is in line with Niyo's goal of building a product suite for its users, as the company plans to launch international and domestic stocks, robo-advisory, and auto-invest products in next few months.
Goalwise currently has over 60.000 users with USD 113 million. The start-up offers an investing solution that oversees all aspects of investment, including mutual fund selection, portfolio rebalancing and target-tracking among others.
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