DriveWealth, a company that has been at the forefront of financial innovation since its inception, is proud to announce $450 million in Series D funding. The round was led by Insight Partners and Accel with significant participation from Softbank Vision Fund 2 along with previous investors like Greyhound Capital.
DriveWealth’s vision is to be the category leader in embedded investing across digital wallets and brokerage apps on every continent.
DriveWealth worked to create a new way for emerging investors, often first-time, to access the US markets and invest with as little $1 - all through their API based technology.
"We are in the early innings of a worldwide retail investing revolution," said Bob Cortright, founder and CEO of DriveWealth. "Our goal is for DriveWealth to be the partner of choice to deliver the embedded investing experience of the future. This new capital and investor engagement will accelerate our global expansion plans in order to become the world-class, exchange-like technology company that powers tomorrow's investing products."
About DriveWealth : DriveWealth is a company that provides financial services to customers around the world through their mobile devices. They believe in providing tools, not just currency, and they've developed innovative technology which allows users to access all kinds of investment products from anywhere at any time on their phones or tablets.