DriveWealth is a prominent player in the financial technology sector, founded in 2012 and headquartered in the United States. The company's mission, to "Democratize investing in the U.S. stock market by making it available to everyone, globally, at an affordable cost," underscores its commitment to expanding access to investment opportunities.
DriveWealth operates a B2B financial technology platform offering Brokerage-as-a-Service. This allows partners, including banks, broker-dealers, asset managers, digital wallets, and consumer brands, to enhance their investing and trading experiences. By providing robust APIs, DriveWealth empowers partners to create both traditional and cutting-edge investment solutions, such as fractional share ownership.
With a strong endorsement from noteworthy investors like Insight Partners, Citi Ventures, and SoftBank Vision Fund, DriveWealth secured a significant $450.00M Series D investment in 2021, demonstrating substantial confidence in its innovative platform and growth potential.