Quantit

Quantit is a South Korean financial technology company founded by Duckhee Han in 2019 that develops AI-based platform solutions for investing in and automatically operating securities and digital assets. The company's mission is to lower financial barriers by making its services accessible to a wider audience through technology. Quantit is a subsidiary of VAIV Company, a prominent AI and big data company in South Korea that is listed on the Kosdaq market.

The firm has developed a proprietary asset management solution, the FINTER platform, which utilizes big data analysis and artificial intelligence. This platform collects extensive financial data to formulate portfolio strategies designed to enhance risk-adjusted returns and automates the entire process, including customized rebalancing for individual accounts. One of its offerings is 'Olly,' an asset management robo-advisor that provides global asset allocation strategies. Another product is "RABIT," a crypto-focused robo-advisor that uses AI to offer various strategies aimed at reducing the volatility of digital assets. For institutional clients, Quantit provides platform solutions that enable them to develop their own quantitative models or operate purchased ones.

Quantit has secured significant funding to support its growth. In July 2022, the company raised $4.8 million in a seed round. This was followed by a substantial Series A round in March 2023, where it raised approximately $22.7 million from Smilegate Holdings. This funding is intended to commercialize its big data and digital technology-based asset management services.

Keywords: AI investment platform, digital asset management, securities automation, robo-advisor, quantitative finance, fintech solutions, asset allocation, portfolio strategy, big data analytics, financial AI, automated trading, crypto investment, FINTER platform, Olly, RABIT