Roboinvest merges with Pennaluna & Company

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Roboinvest (http://www.roboinvest.com) today announces the successful merger with Pennaluna & Company (http://www.pennaluna.com) to create a new force in online brokerage.

Roboinvest

Roboinvest

We are going to build something very special.

Roboinvest http://www.roboinvest.com today announces the successful merger with Pennaluna & Company to create a new force in online brokerage.

A unique combination, this merger between 2 year old start-up Roboinvest and 86 year old Pennaluna is the smartest way forward, according to Roboinvest Founder/CEO Michael Giles.

“This merger combines the brokerage, financial and human resources of Pennaluna with the innovation of Roboinvest with the goal of building a successful global company that will create jobs and provide a service which will add value to peoples’ lives. Together with Ron and the team at Pennaluna we are going to build something very special.”

Ron Nicklas, President of Pennaluna & Company said “We are delighted to team up with Mike and Roboinvest and look forward to the next phase as a combined company.”

Roboinvest, prior to completing the merger, raised an additional $240,000 from strategic investors.

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Michael Giles
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