From Morningstar: 2024-05-16 08:36:00

Propelle, a female-focused investment platform, won the PIMFA WealthTech challenge at the Morningstar Investment Conference. Founder Ayesha Ofori aims to empower women to build sustainable wealth through investing. Propelle allows women to access ESG offerings on top of traditional investment options like ISAs and Vanguard funds. KnowYourFunds, another winner at the conference, uses AI to integrate ESG data seamlessly into fund firm operations. Co-founder Simon Prest believes their platform helps fund groups avoid greenwashing and stay transparent amidst regulatory pressures. KnowYourFunds offers a cloud-based product to help investors apply ESG data consistently and effectively in their investment processes. Prest views their solution as necessary for asset managers to adapt to the changing regulatory landscape emphasizing ESG risks as any other financial risk.



Read more at Morningstar: The Fintechs Using Technology To Bolster ESG