Financial technology in the area of investment and wealth management includes the development of robo-advising, where companies use data, machine learning and artificial intelligence to provide asset recommendations and portfolio management with increased efficiency and lowered costs. Betterment and EllevestEllevest are good examples of companies offering robo-advisors for wealth management. Meanwhile, the development of stock-trading apps has been one of the more popular innovations in financial technology. These apps allow investors to buy and sell stock on their mobile phone. Apps such as Robinhood or Acorns allow users to invest with low minimums.
Rex Salisbury
Rex Salisbury
Partner at Andreessen Horowitz.
Rex Salisbury
Partner at Andreessen Horowitz.
NBKCNBKC
No gotcha banking, right here in Kansas City. You hate the fine print and so do we. That's why we removed all hidden fees from our accounts to allow you to Bank Simply.
Sure, we're an online bank, but...
NBKC
NBKC is an online bank based in Kansas City.