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DriveWealth (company)

DriveWealth (company)

DriveWealth partners with global financial institutions, brokers, app developers, and technology companies to give everyone, everywhere the ability to open a US-based brokerage account and invest for their financial futures. Partners of DriveWealth can offer their customers the ability to invest in the US equities market through our robust set of FIX and RESTful APIs or our custom branded product solution.

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Timeline

August 20, 2021
DriveWealth raises a $450,000,000 series D round from Citi Ventures, FTX Trading Ltd., Fidelity International, Flight Deck Capital, Greyhound Capital, Insight Partners, Point72 Ventures, SoftBank Vision Fund and Vetamer Capital Partners, L.P..
October 27, 2020
DriveWealth raises a $56,700,000 series C round from Fidelity International Strategic Ventures, Mouro Capital, Point72 Ventures, Raptor Group, Route 66 Ventures and SBI Group.
April 2018
DriveWealth raises a $21,000,000 series B round from Point72 Ventures, Raptor Group, Route 66 Ventures and SBI Group.
November 2017
DriveWealth raises a $21,100,000 series B round from Point72 Ventures, Raptor Group, Route 66 Ventures and SBI Group.
April 2015
DriveWealth raises a $12,500,000 series A round from Fenway Summer Ventures, Route 66 Ventures and SenaHill Partners.
March 2012
DriveWealth raises a $10,500,000 seed round.

Funding Rounds

Patents

Further Resources

Title
Author
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Date

News

Title
Author
Date
Publisher
Description
Ryan Weeks
July 19, 2021
The Block
DriveWealth is set to raise up to $400 million in a Series D round led by SoftBank and Insight Partners, sources say.
Rebecca Ungarino
January 29, 2021
Business Insider
The chief executive of fintech startup DriveWealth thinks opening up trading opportunities to more investors is good, but education is needed.
Victor Chatenay
January 19, 2021
Business Insider
DriveWealth has bought incumbent broker Cuttone & Company to bring institutional-grade trading services to retail investors.
Rebecca Ungarino
December 4, 2020
Business Insider
DriveWealth lays out its vision for the future of investing: making "buying Starbucks stock is as easy as buying a latte."
AlleyWatch
November 1, 2020
AlleyWatch
The Pulse of New York Tech
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