Propel Venture Partners lead Series A funding into new ‘penguin-powered’ AI advisor

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Propel Venture Partners lead Series A funding into new ‘penguin-powered’ AI advisor

  • BBVA-backed investment fund to support growth of advisory service Charlie, aimed at less financially astute U.S. consumers
  • Company secured a $9 million Series A Round led by BBVA’s Propel Venture Partners
  • Dedicated to finding new ways for US consumers to make better financial decisions, including identifying more ways to save
  • Company also plans to use the investment to grow its team and add leading financial partners to assist in automating more aspects of a people’s everyday financial life