Kollektiva (financial technology, sharing economy) is a young company that is challenging outdated models in the fund management and insurance industry by eliminating the need for unnecessary intermediaries in distribution and using innovative fund management models based on crowd-sourcing and collective intelligence. The fund management and insurance industry has for many years been characterised by low levels of customer satisfaction combined with very high profit levels, and it is ripe for an overhaul.
Kollektiva’s first service is called “Kollektivafondval”, a service aimed at the niche for what is known as Fund Selection Advice. Shortly after its launch in 2015, the service had reached more than 7 000 users with total pension capital of almost SEK 2 billion.
See more at kollektivafondval.se