StageSeed | Alive
Last Raised$1M | 7 yrs ago
About Six Park
Six Park is an online investment management service (robo-advice) that combines expert human asset management oversight and automated technology to help users create a professionally managed and diversified investment portfolio.
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Research containing Six Park
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CB Insights Intelligence Analysts have mentioned Six Park in 1 CB Insights research brief, most recently on Apr 14, 2022.
Expert Collections containing Six Park
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Six Park is included in 3 Expert Collections, including Wealth Tech.
A category of financial technology that is digitizing & streamlining the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Capital Markets Tech
Companies in the capital markets tech space are providing software and/or services for investment banks, hedge funds, investment managers, and so forth. Companies included use technology across the front, middle, and back-offices and streamline all pre- and post-trade operations.
Excludes US-based companies
Latest Six Park News
Sep 29, 2020
Online investment management service Six Park has partnered with financial wellness platform Rollit Wealth to allow the platform to include low-cost share investments. Rollit provided a personalised view of an employee’s financial life which included property to superannuation, as well as spending analysis and exclusive shopping discounts, to encourage employees to make good financial decisions, increase savings and maximise their earnings. Six Park would permanently drop its minimum investment level from $10,000 to $5,000, after a trial at this rate during May to August. Nuvan Aranwela, Six Park chief executive, said the partnership with Rollit was one of a number of strategic partnerships Six Park was entering into. “These sorts of partnerships just make sense for us because they perfectly align with our core value of helping more Australians access simple, affordable, diversified and risk-appropriate investments,” Aranwela said. “It also makes sense for employers and their employees. As an employee, understanding and making the most of your financial position, and being able to start or grow your path to financial wellbeing is important - particularly as services like ours make investment management far more accessible to people than has been the case in the past. “As employers, helping your team in this way makes for a more compelling and meaningful employee value proposition.” Mark MacLeod, Rollit Wealth chief executive, said was worrying many working Australians were risking their pay cheques chasing short-term gains in the volatile COVID-19 share market “Through Rollit, employees can now access low-cost, diversified investments guided by Six Park’s world-class investment advisory committee,” MacLeod said. “We believe this is a great investment approach for everyday Australians seeking to achieve their financial goals.” Aranwela said it would address a demand for more accessible options when it comes to investing. “With low interest rates and the recent volatility in the market, many Australians see an opportunity with investment but are unsure how to take advantage,” Aranwela said. “Some jump in with limited knowledge - that’s why we saw the Australian Securities and Investments Commission (ASIC) issue a warning to novice investors and day-traders in May – while others just miss out altogether.”
Six Park Frequently Asked Questions (FAQ)
When was Six Park founded?
Six Park was founded in 2014.
Where is Six Park's headquarters?
Six Park's headquarters is located at 2/696 Bourke Street, Melbourne.
What is Six Park's latest funding round?
Six Park's latest funding round is Seed.
How much did Six Park raise?
Six Park raised a total of $1M.
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