Disruptive education technology & digital media company, BankerX is teaming up with award winning financial planning firm, Gradidge Mahura Investments to inject AI into independent financial advisory.
BankerX, led by investment banker & fintech entrepreneur Koshiek Karan, disrupts traditional approaches to financial inclusion by leveraging media, technology, AI & community.
“So much of the current industry is stacked with financial advisors incentivized to push unsuitable products which often end up being prohibitively expensive. You’re fortunate to get a Birthday text from your advisor once a year. This space is slow, old & lethargic. There’s a huge opportunity for high quality, hyper-personalized, independent advice leveraging innovation & technology”, said Karan.
GMI is an award-winning, industry leading wealth management firm with a focus on independent advisory, & low fee, bespoke client solutions. “Gradidge-Mahura Investments is South Africa’s only Black-owned and managed FPI Approved Professional Practice™. We pride ourselves in giving advice based on deep analysis of clients’ objectives, financial position and personal circumstances. We are a growing business and represent everything good about being South African today. This is why the partnership with BankerX makes sense” said Kagisho Mahura CEO of GM Investments.
“Personal finance is deeply personal. A year ago we kickstarted our AI financial wellness start-up, RAX as an extension of BankerX. It’s been incredibly successful with global client adoption. The platform leverages behavioural finance, model simulations, gamification & masterclasses from accredited CFPs. We basically built a suite of tools to enable people to take full control of their own finances & interrogate their personal attitudes towards money. With this partnership, connecting man & machine really completes our ecosystem of holistic financial wellness”, Karan highlights.
