[The bell] Korea Investment Partners and KT Invest in Robo-Advisor fount

A robo-advisor company, Fount successfully closed additional investments from venture capitals. Total equity is expected to increase to 6 million dollars which meets the requirement under Financial Investment Services and Capital Markets Act to venture into discretionary asset management service. Korea Investment Partners invested 2.3 million dollars, KT 800 thousand dollars, and Smile Gate 700 thousand dollars in Fount, respectively.

Read more http://www.thebell.co.kr/front/free/contents/news/article_view.asp?key=201701020100001420000081

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