Schroders takes strategic stake in Qwil Messenger
October 9, 2018

Global investment house Schroders reports that it has taken a minority stake in Qwil Messenger, the first fintech start-up to have joined its global in-residence programme.

Qwil Messenger , which Schroders describes as a safe and compliant chat platform which enables firms and clients to communicate directly through one app, joined its Cobalt programme earlier this year.

Cobalt was launched to help financial services-focussed start-ups collaborate with Schroders to support their development and help tackle today's investment and industry challenges.

Schroders says the investment formalizes its relationship with Qwil, underscoring the firm's commitment to providing innovative asset and wealth management solutions that better serve clients.

It adds that since being part of Cobalt, Qwil Messenger has made substantial progress building its platform, resulting in the launch of a live service for customers in July.





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Global investment house Schroders reports that it has taken a minority stake in Qwil Messenger, the first fintech start-up to have joined its global in-residence programme.

Qwil Messenger , which Schroders describes as a safe and compliant chat platform which enables firms and clients to communicate directly through one app, joined its Cobalt programme earlier this year.

Cobalt was launched to help financial services-focussed start-ups collaborate with Schroders to support their development and help tackle today's investment and industry challenges.

Schroders says the investment formalizes its relationship with Qwil, underscoring the firm's commitment to providing innovative asset and wealth management solutions that better serve clients.

It adds that since being part of Cobalt, Qwil Messenger has made substantial progress building its platform, resulting in the launch of a live service for customers in July.



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