Ex-Nubank CTO Raises $85M for AI Wealth Advisory Startup

A former chief technology officer of digital bank Nubank has joined forces with the founder of AI platform Hyperplane to launch an AI-native wealth advisory company. The venture has raised $85 million, according to an announcement.

The company plans to apply artificial intelligence to personal finance, aiming to deliver investment guidance that adapts to individual goals and risk profiles. Wealth management has traditionally relied on human advisers, but AI-driven tools are increasingly being used to make such services more accessible and lower cost. The funding round signals continued investor confidence in software that can automate portfolio management and financial planning.

The new startup builds on Hyperplane's work in building AI systems for financial institutions. The co-founders also bring experience from Nubank, one of Latin America's largest digital banks, known for its data-centric approach to consumer banking.

With $85 million in fresh funding, the firm is expected to develop and roll out its advisory offering, though specific products, launch timelines, and target markets were not disclosed. The funding round adds to a wave of fintech investment centered on AI-powered financial services, a sector that continues to attract substantial venture capital.