DriveWealth logo — Democratize investing in the U.S. stock market by making it...

DriveWealth

Democratize investing in the U.S. stock market by making it available to everyone, globally, at an affordable cost

Founded 2012 United States New York, United States 363 employees Series D Total: $552.80M

General Information

Company Name DriveWealth
Founded Year 2012
Location United States New York, United States +1
Employees 363
Funding Stage Series D
Social

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About DriveWealth

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.

Taxonomy: Brokerage-as-a-Service, Financial Technology, APIs, Fractional Share Ownership, B2B Platform, Trading Solutions, Global Investing, Digital Wallet Integration, Innovative Investment Techniques, Retail Investing, Broker Dealer, Investment Workflows, Crypto Trading

Services & Products

Trading of US Equities
Mutual Funds
ETFs
Fixed Income
Options Trading
API Toolkit for Financial Services
Fractional Trading Solution

Target Customers

Banks Broker Dealers Asset Managers Digital Native Companies Consumer Brands Developers Fintech Companies

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series D •••••• 10
Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
01 Aug 2021
Series C •••••• 6
Investor Investor Investor Investor
•••• ••••
01 Oct 2020
Series B •••••• 3
Investor
•••• ••••
01 Apr 2018
Series B •••••• 3
Investor Investor Investor
01 Nov 2017
Series A •••••• 3
Investor Investor Investor
01 Apr 2015

View All 6 Funding Rounds

DriveWealth Alternatives & Competitors

View All Alternatives
DriveWealth vs

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DriveWealth vs

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FAQ About DriveWealth

Democratize investing in the U.S. stock market by making it available to everyone, globally, at an affordable cost
DriveWealth was founded in 2012.
DriveWealth is headquartered in New York, United States.
DriveWealth has approximately 363 employees.
DriveWealth has completed 6 funding rounds, raising a total of $552.80M. The latest funding stage is Series D.
DriveWealth offers: Trading of US Equities, Mutual Funds, ETFs, Fixed Income, Options Trading, API Toolkit for Financial Services, Fractional Trading Solution.
Top alternatives and competitors to DriveWealth include National Bank Direct Brokerage, 1Market, ACML Capital Markets Limited, 4xc.com, Hedge. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
DriveWealth and National Bank Direct Brokerage are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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