AQUMON Company Profile

Background

AQUMON is a Hong Kong-based digital wealth management company founded in 2016 by Kelvin Lei and Dr. Don Huang. The company leverages advanced artificial intelligence (AI) algorithms and scalable technical infrastructure to provide automated, customized global asset allocation services to both individual and institutional investors. AQUMON's mission is to make next-generation investment services smarter, simpler, and more accessible. The company has been recognized by KPMG as one of China's Top 50 FinTech companies and has partnered with over 150 financial institutions to offer scalable wealth management solutions.

Key Strategic Focus

AQUMON's strategic focus centers on delivering AI-driven wealth management solutions that cater to diverse investor needs. The company's core objectives include:

Automated Investment Services: Providing intelligent, automated portfolio management to enhance investment efficiency and accessibility.

Institutional Partnerships: Collaborating with financial institutions to integrate robo-advisory services, thereby expanding market reach and service offerings.

Technological Innovation: Utilizing proprietary AI algorithms and machine learning techniques to develop customized investment strategies.

Market Expansion: Extending services beyond Hong Kong to Mainland China and Singapore, aiming for broader regional influence.

AQUMON specializes in robo-advisory services, offering solutions such as SmartGlobal©, an automated global asset allocation strategy investing in U.S.-based exchange-traded funds (ETFs). The company employs advanced AI algorithms and machine learning techniques to develop investment strategies tailored to individual client needs.

Financials and Funding

AQUMON has successfully secured multiple funding rounds to support its growth and technological advancements:

Series A++ Funding: In 2018, AQUMON raised an undisclosed amount in a Series A++ round, with investors including Alibaba Entrepreneurs Fund and Cyberport.

Series Pre-B Funding: In 2020, the company raised $30 million USD in a Series Pre-B funding round, marking one of the largest funding deals in the Asian digital wealth management space at that time.

Series B Investment: In October 2020, Zheng He Capital invested in AQUMON during its Series B round, further strengthening the company's financial position.

The capital raised has been utilized to enhance AQUMON's technological infrastructure, expand its product offerings, and support its regional expansion efforts.

Pipeline Development

AQUMON has developed several key products and services:

SmartGlobal©: An automated global asset allocation strategy investing in U.S.-based ETFs, designed to provide diversified investment options to clients.

SmartFund: Launched in collaboration with Industrial and Commercial Bank of China (Asia) Limited (ICBC Asia) in 2021, SmartFund is an algorithm-driven fund selector platform that utilizes multi-factor algorithms to provide quality fund recommendations.

Wealth-Tech Services: In partnership with CMB Wing Lung Bank, AQUMON introduced Wealth-Tech Services, Hong Kong's first retail bank-based robo-advisory offering, providing automated mutual fund portfolio solutions to investors.

These initiatives reflect AQUMON's commitment to innovation and its focus on delivering accessible and efficient investment solutions.

Technological Platform and Innovation

AQUMON distinguishes itself through its proprietary technological platforms and innovative approaches:

Proprietary Technologies: The company employs advanced AI algorithms and machine learning techniques to develop customized investment strategies, enabling intelligent, automated portfolio management.

Scientific Methods: AQUMON utilizes data-driven, rule-based platforms that minimize human judgment, ensuring transparency and efficiency in investment processes.

AI-Driven Capabilities: The company integrates AI into its wealth management solutions, offering tools like InvestEase.ai, an AI-powered investment product designed for retail investors to navigate the fund universe confidently.

Leadership Team

AQUMON's leadership team comprises:

Kelvin Lei: Chief Executive Officer and Co-Founder. He has been instrumental in driving AQUMON's strategic direction and growth.

Dr. Don Huang: Chief Scientist and Co-Founder. He leads the company's technological innovations and development of AI-driven investment strategies.

The leadership team is supported by advisors such as Fritz Demopoulitz, founder of Qunar; Katherine Huang, Senior Vice President at MEGVII; Kenny Lam, CEO of Two Sigma Asia-Pacific; Viola Zhang, CTO and Head of Quantitative Investment at Elephas Investment; and Kevin Wong, Managing Director at Crédit Agricole CIB.

Competitor Profile

Market Insights and Dynamics

The digital wealth management industry is experiencing rapid growth, driven by technological advancements and increasing demand for accessible investment solutions. The market is characterized by a shift towards AI-driven platforms that offer personalized and efficient investment strategies.

Competitor Analysis

AQUMON operates in a competitive landscape with several notable players:

Bambu: Develops a robo-advisory platform for financial and technology institutions, offering automated investment solutions.

BeeEye: Provides an on-premise engine designed to deliver financial indicators and prediction models based on online consumer presence.

DataYes: Develops an intelligent investment research platform based on big data and machine learning, catering to the investment research needs of financial institutions.

AQUMON differentiates itself through its comprehensive suite of AI-driven investment products, strategic partnerships with leading financial institutions, and a strong focus on technological innovation.

Strategic Collaborations and Partnerships

AQUMON has established significant collaborations to enhance its market position:

CMB Wing Lung Bank: Launched Wealth-Tech Services, Hong Kong's first retail bank-based robo-advisory offering, providing automated mutual fund portfolio solutions to investors.

Venn by Two Sigma: Entered into a strategic relationship to integrate Venn's portfolio and risk analytics technology into AQUMON's digital wealth management infrastructure, enhancing research and technological capabilities.

ICBC Asia: Adopted AQUMON's SmartFund platform, an algorithm-driven fund selector, to provide quality fund recommendations to clients.

Operational Insights

AQUMON's strategic considerations include:

Major Competitors: Bambu, BeeEye, and DataYes, which offer similar robo-advisory and investment research services.

Market Position: AQUMON holds a leading position in the Asian digital wealth management space, with a strong presence in Hong Kong, Mainland China, and Singapore.

Competitive Advantages: Proprietary AI algorithms, strategic partnerships with over 150 financial institutions, and a comprehensive suite of investment products.