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About DriveWealth
DriveWealth is a financial technology company founded in 2012, based in Jersey City, New Jersey. The company aims to democratize investing by making it accessible to a global audience. It specializes in fractional-share investing and embedded investing solutions, positioning itself as a leader in the digital investing space.
The company offers a range of services, including fractional-share investing, which allows users to buy portions of shares for better diversification. DriveWealth also provides embedded investing solutions for fintechs and financial institutions, enabling them to integrate investment capabilities into their applications through APIs. Their patent-pending Fracker Technology simplifies the investment process, making it easy for users to start investing.
DriveWealth has partnered with notable clients such as Block's Cash App, Revolut, and BTG Pactual, serving a diverse customer base across North America, Europe, Asia, and Latin America. The company has seen significant growth, raising over $550 million and projecting revenue exceeding $100 million in 2024, with plans for profitability by 2025.
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