The company will use the money to grow its New Zealand user base before setting its sights on international expansion to markets such as Singapore.
The new platform, called Invsta, is in pre-beta testing and will be live to the general public later this year.
New Zealand fintech Ilumony guides Kiwis to savvy $7m investment, boosting retirement funds with zero-fee advice.
Ilumony monitors publicly available KiwiSaver funds in New Zealand to deliver financial advice to users online, helping to optimise their returns.
