Tagged: betterment

Robo-Advisor Betterment Adds Goldman & Blackrock Portfolio Strategies

Betterment, the largest independent online investment advisor, will now offer two new portfolio strategies: a smart beta portfolio strategy and an income portfolio strategy. Betterment has selected the portfolio strategies from BlackRock and Goldman Sachs Asset Management (GSAM) designed to meet users diverse needs and… Read More

Betterment Raises $70 Million in Funding

According to a regulatory filing with the Securities and Exchange Commission (SEC), leading Robo-advisor Betterment has raised $69,999,997 in equity. The first sale was said to take place on August 23, 2017. It appears this is part of a Series E funding round that was… Read More

Robo-Advisor Betterment Expands Access to Licensed Financial Experts: Financial Advice Anytime, Anwhere

Betterment, an online financial advisor, has introduced a new messaging feature designed to give users the best of both worlds. The Robo-Advisor will now offer access to financial advice from experts via there App. So users may ask questions wherever and whenever they want. This… Read More

Online Financial Advisor Betterment Announces $70 Million Round of Funding

Independent online financial advisor, Betterment, announced on Friday a $70 million round of funding, which is described as an extension of the company’s Series E from last year. According to Betterment,  Swedish investment company Kinnevik led the round, extending its financing from last year. Previous investors Bessemer Venture Partners, Menlo… Read More

The Fantastical World of Chinese Marketplace Lending Promotions

One of the fundamental differences between Chinese and US lending platforms can be found just by examining the home pages of their websites. Most, if not all, US platforms’ landing pages are targeted at borrowers and exhibit mainly information around borrowing whereas, on those of… Read More

Seen & Heard at LendItUSA 2017: An Industry Built to Last

LendItUSA, the annual event that jumps between New York City and San Francisco everu 12 months, opened up to larger audiences and an industry sector that endured a challenging year. The online lending sector received a two-punch assault in 2016; a battle that left the… Read More

PeerStreet Integrates with Betterment Through Quovo: Seeks to Provide More Detailed Investment Overviews

Real estate crowdfunding platform, PeerStreet, announced on Monday it has integrated with Betterment, an independent online investment advisor through Quovo. The portal stated that customers of both it and Betterment may now view their PeerStreet positions within the context of their investment portfolio on the… Read More

New Consumer Financial Data Rights Group Submits Comments to CFPB: Advocates for Consumer’s Rights to Financial Data

Consumer Financial Data Rights Group (CFDR), a new organization that was created to defend consumers’ access to their data and fuels innovation in the fintech industry, announced on Tuesday it has submitted a response to the Consumer Financial Protection Bureau’s (CFPB) request for information (RFI) in regards… Read More

Betterment gets Better with Three New Plans: Betterment Digital, Betterment Plus & Betterment Premium

Betterment, the largest independent Robo-investment advisor, has announced the release of new services expanding the company’s platform beyond a single digital product to a multi-plan advice offering. Betterment’s three plans are now Betterment Digital, Betterment Plus, and Betterment Premium. Betterment believes it can now meet… Read More

Consumer Financial Data Rights Group Formed by Fintech Companies including Kabbage, Affirm & More

 A group of fintech companies announced on Thursday they have come together to create the Consumer Financial Data Rights (CFDR) group. This organization will notably defend consumers’ access to their data and fuels innovation in the fintech industry. Founders of the CFDR group includes leaders from Affirm, Betterment,… Read More

Robo-Adviser Betterment Raises $100M During Series E Funding Round & Valuation Grows to $700M

On Tuesday, robo-adviser firm Betterment announced it has received a total of $100 million from venture capital investors during a series E funding round. The company also confirmed that its valuation has raised from $450 million to $700 million. Swedish investment firm, Kinnevik, led the funding round. Previous… Read More