PaceUp Invest Helps Women to Create and Manage Wealth – Founded by a Woman
PaceUp is a hybrid robo advisor tailored to women
90% of the clients of robo advisors in Germany are still men. This has not changed. The interfaces look all the same. They are not targeting women properly.
Rukayyat Kolawole, Founder and CEO PaceUP Investment
The Founder
Rakuyyat Kalowole (https://www.linkedin.com/in/rukayyat-modupe-kolawole-cfa/) is originally from Nigeria but had already very interesting life. Since her regular visits to her grandmother, who was an active trader, she is fascinated with the fast pace of trading in capital markets. She studied at Georgetown University in the US, Tongji University in China, as well as Mannheim Business School in Germany. Being fascinated by capital markets all her life, it comes as no surprise, that she joined Goldman Sachs in London, as well as Bloomberg in Reuters in London as well.
When she relocated to Germany, to study in Mannheim, she also set up a shop there with her hybrid Robo advisor for women.
Affiliate Links
Why not learn from entrepreneurs and executives who are open to sharing their favorite books. We skimmed through some recommendations and that is what we found.
Recommended by: Bill Gates
“Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlBRecommended by: Jeff Bezos
“Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKeRecommended by: Elon Musk
“Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhwRecommended by: Tony Hsieh
“Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQRecommended by: Warren Buffet
“Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06Recommended by: Tim Cook
“Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn
On our platform there will be a lot of impact investing, so women can choose how they want to invest according to their values and needs.
Rukayyat Kolawole, Founder and CEO PaceUP Investment
The Startup
PaceUp Investment (https://www.paceupinvest.com/) is a hybrid Robo advisor headquartered in Mannheim Germany. We have talked about Mannheim before, but a short wrap-up: It is the only city in Germany set up in squares. Mannheim is the first city in the world, where a car drove (Carl Benz lived close by https://en.wikipedia.org/wiki/Carl_Benz) and the place where the world’s first electric elevator was installed here in 1880 (Werner von Siemens).
Rakuyyat set up her company PaceUP here to help women build wealth with a hybrid approach, combining remote investment advice with a Robo advisor. PaceUp provides women the tools to understand the basics. Then they offer advisory and coaching, before investing with their Robo advisor.
Full service with License
PacUp will be able to offer its full service only after regulatory approval. They are currently looking at Q4 2021 or Q1 2022 to go live.
PaceUp on Social Media
Instagram https://www.instagram.com/paceupinvest/
YouTube https://www.youtube.com/channel/UC3EIqAHmEF0dnPB-IAy6gPw
Venture Capital Funding
PaceUp is currently funded by an angel investment in combination with a government grant of the state of Baden Wurttemberg. They will start their next fundraising soon, looking at 900k €.
When I got in a bank to get a mortgage to buy my first apartment, my bank advisor asked me “where is your husband”. … other women had similar experiences
Rukayyat Kolawole, Founder and CEO PaceUP Investment
The Video Interview
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Further Readings / Additional Resources
Capital Markets: https://en.wikipedia.org/wiki/Capital_market
Derivatives: https://www.investopedia.com/terms/d/derivative.asp
Impact investments: https://thegiin.org/impact-investing/need-to-know/
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