Company or product description:
DriveWealth is a technology company and a digital US carrying/clearing broker that enables partners to offer their customers direct mobile-first, digital access to US securities. Our patent-pending real-time fractional investing technology enables our partners to offer investors a fully balanced global asset allocation to a 100 millionth of a share.
What makes your company or product great?
We are revolutionizing the global investment industry by making it possible for our partners to bring on investors of any size in any location, and offer them the ability to participate in the US securities market in a seemless, mobile-first environment.
What key challenge does it solve?
DriveWealth eliminates all the technology, financial, and structural barriers that have traditionally blocked small investors, particularly outside of the US, from participating in the biggest, most liquid, most transparent financial market in the world.
What is your best success story?
MoneyLion is one of the most successful digital consumer finance companies in the US. MoneyLion’s initial success was offering affordable loans to individuals with lower credit scores. In 2017, MoneyLion Plus, unique membership based investment program, was launched in partnership with DriveWealth, enabling customers of any size to build wealth in a highly engaging offering. This platform’s now considered “America’s Most Powerful Financial Membership” offering lending, banking, PFM and investing to 4+ million account holders.