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Kernel receives $1 billion in FUM funding, plans to add more savings options

Broadcast United News Desk
Kernel receives  billion in FUM funding, plans to add more savings options

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Dean Anderson’s Kiwi investment platform startup has come a long way in less than five years.

Catherine Emerson, Head of Customer Strategy, and Dean Anderson, Founder and CEO, Kernel.

Local investment platform Kernel received $170 million in inflows in April and received the most retail client applications in May, with funds under management now reaching $1 billion.

The company was launched in late 2019 with just three New Zealand equity funds.

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