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Saved February 14, 2026
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Mark Swan, a former Revolut executive, launched Nevis to automate routine tasks for wealth advisers. The startup has secured $40 million in funding from Sequoia Capital, focusing on easing the operational burden rather than replacing human advisers.
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Mark Swan, a former executive at Revolut, is betting on the continued relevance of wealth advisers in an age increasingly dominated by artificial intelligence. His startup, Nevis, aims to automate the tedious tasks that burden advisers, like taking meeting minutes and managing account openings. The startup has garnered significant interest, securing $40 million in funding from investors, including Sequoia Capital.
Nevis focuses on using AI to reduce the operational workload of wealth advisers, allowing them to concentrate on building relationships and providing personalized advice to clients. This approach acknowledges that while AI can handle repetitive tasks, the human touch remains essential in financial advising. Swanβs vision positions Nevis not as a replacement for advisers but as a tool to enhance their efficiency and effectiveness in a competitive market.
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