Archives

September 25, 2026 @ 9:03 am By Omar Faridi  |  

Digital bank Revolut has become entangled in another customer-data scare after a security incident at US brokerage partner DriveWealth. The event is separate from an earlier September episode at Revolut itself. This time, the exposure occurred on DriveWealth’s systems, not inside Revolut’s own infrastructure. DriveWealth… Read More

March 12, 2026 @ 7:29 pm By Omar Faridi  |  

In an effort to broaden financial access across Latin America, DriveWealth has teamed up with the neobank Ualá to roll out a new feature called Acciones (Stocks). Announced this month, the initiative allows everyday Mexican consumers to buy shares in leading U.S. companies such as… Read More

March 3, 2026 @ 2:44 pm By Omar Faridi  |  

DriveWealth, a provider of brokerage infrastructure, has revealed a strategic alliance with Kalshi, a key player focused on regulated prediction trading. This collaboration, unveiled on February 26, 2026, seeks to incorporate Kalshi’s specialized contracts tied to real-world occurrences into DriveWealth’s application programming interface (API)-driven trading… Read More

February 8, 2026 @ 10:27 pm By Tony Zerucha  |  

One key trend that will shape 2026 is embedded investing, as more companies across diverse spaces consider adding investing and trading features like microinvesting to their offerings. These are enticing opportunities, but companies considering the move need a detailed and deliberate approach, DriveWealth’s chief digital… Read More

January 12, 2026 @ 2:19 pm By Tony Zerucha  |  

  Harry Temkin has seen plenty of development throughout his decades in Fintech. 2026 sees him as excited as he has ever been for what comes next. Temkin is the chief digital officer at DriveWealth, one of the most innovative companies in the space. As… Read More

August 21, 2025 @ 4:40 pm By Omar Faridi  |  

Starting in October 2025, DriveWealth Bank Sweep Deposit Program customers’ cash will be automatically swept into a network of multiple FDIC-insured banks, “enabling coverage of up to $1 million per customer — significantly higher than the standard single-bank $250,000 limit.” This enhancement provides DriveWealth partners with… Read More

February 25, 2025 @ 7:25 pm By Tony Zerucha  |  

BaaS fintech DriveWealth announced last week the expansion of its overnight trading capabilities through a collaboration with OTC Markets Group Inc. (OTCQX: OTCM), an operator of regulated markets for U.S. equity securities. Beginning in March, this new offering is designed to establish DriveWealth as a… Read More

January 22, 2025 @ 12:36 pm By JD Alois  |  

DriveWealth says it has formed a partnership with Moment Technology to better support access to fixed-income securities. DriveWealth is a “Brokerage-as-a-Service” platform that powers digital wallets, broker-dealers, asset managers and consumer brands. Moment offers fixed-income trading tech as well as market data. The collaboration is… Read More

November 1, 2024 @ 11:22 am By Omar Faridi  |  

DriveWealth, a financial technology platform providing Brokerage-as-a-Service, today announced that the Bank of Lithuania, the central bank of the Republic of Lithuania, granted it a brokerage license in Europe. This license aims to support DriveWealth’s global expansion efforts and marks its third region with regulatory… Read More

October 18, 2024 @ 11:41 am By Omar Faridi  |  

DriveWealth, a financial tech platform offering Brokerage-as-a-Service, has recently announced its end-to-end integration with multiple execution management system (EMS) platforms, including Bloomberg EMSX, LSEG Autex and TRAFiX. With these integrations, institutional broker-dealers are able to connect with DriveWealth’s platform and benefit from streamlined trade booking,… Read More

June 22, 2024 @ 5:35 pm By Omar Faridi  |  

DriveWealth, a financial technology platform providing Brokerage-as-a-Service,  announced the promotions of three members of the company’s senior leadership team, effective immediately. Jason Pizzorusso will serve as President; Marcus Anthony has been named Chief Financial Officer; and Emily Ellis has been promoted to Chief People Officer…. Read More

June 10, 2024 @ 8:48 am By Tony Zerucha  |  

This week, Turkish Fintech Papara, announced a partnership with DriveWealth. The union allows Papara’s 20 million users to invest in real-time in U.S. stocks on the Nasdaq and NYSE starting in October. Since 2020, the number of retail investors in Turkey has surged from 1.2… Read More

May 26, 2024 @ 3:21 pm By Omar Faridi  |  

DriveWealth, a financial technology platform providing Brokerage-as-a-Service, announced  the hiring of two new executives: Kyla Murphy, as Chief Product Officer and Lauren Veisz as Head of Operations. In their respective roles, Murphy and Veisz will “help to further expand DriveWealth’s footprint in global markets, develop… Read More

October 30, 2023 @ 1:48 pm By Omar Faridi  |  

DriveWealth was created to allow every investor in the world to benefit from access to investment opportunities—whether they have $10 or $10 million. Following the announcement of DriveWealth‘s Options launch, they are pleased to reveal that they’ve added more offerings: Fixed Income and Global Mutual… Read More

July 26, 2023 @ 6:46 am By Omar Faridi  |  

For the first time, DriveWealth says it is expanding the range of tradeable asset classes on its platform: their partners can now “build options trading experiences all within their investing APIs.” Equity options have “grown in popularity with retail investors over the past decade, largely… Read More

March 27, 2023 @ 5:13 pm By JD Alois  |  

Gainy and DriveWealth, have partnered on an auto trading platform targeting the emerging Gen Z market, according to a statement by the company. Gainy is a Fintech startup that is an SEC-registered investment advisor. Its mission is to simplify financial decisions by providing easy-to-understand financial… Read More

March 30, 2022 @ 4:18 pm By Omar Faridi  |  

DriveWealth, LLC, a pioneer in fractional investing and embedded finance, and Sproutfi, a “social-first” investment platform which provides securities via its affiliate Northbound Securities LLC, has announced a partnership in order to expand “affordable access to investing in the U.S. markets to everyone in Latin… Read More

October 19, 2021 @ 11:07 pm By Omar Faridi  |  

DriveWealth, LLC, a pioneer in fractional investing and embedded finance, has formed a partnership with Grupo Bursátil Mexicano (GBM), the investment platform and brokerage company that is streamlining the investing sector with the goal of democratizing investing in Mexico. By leveraging DriveWealth’s real-time fractional trading… Read More

August 20, 2021 @ 3:16 pm By Tony Zerucha  |  

DriveWealth Holdings, a provider of fractional trading and embedded finance, this week announced a $450 million Series D with a valuation of $2.85 billion, co-led by New York-based global private equity and venture capital investors Insight Partners and Accel, with significant participation by Greyhound Capital,… Read More

March 30, 2021 @ 3:48 pm By Samantha Hurst  |  

Digital brokerage solution provider DriveWealth announced on Tuesday it has joined forces with Plaid to enable mutual customers to simplify online investment account funding through one API integration. DriveWealth reported that mutual customers may authenticate their end users’ bank accounts through Plaid and receive tokens, which then… Read More