Let’s get in the weeds about fintech AUM • TechCrunch
UBS and Wealthfront last week called off a planned deal to sell the robo-adviser startup to the financial giant for $1.4 billion. Instead, UBS invested $69.7 million in the company at a valuation that Wealthfront described as $1.4 billion. In its note discussing the end of the transaction and its latest fundraise, Wealthfront shared some…