Fintech Betterment is pushing further into the traditional banking realm. The digital-only platform is will soon offer “Betterment Everyday” which includes an FDIC-insured checking and savings product that will have no account fees, overdraft fees, minimum balances or monthly maintenance fees. The checking service will… Read More
Betterment, the largest independent online financial advisor, announced earlier this week the launch of a new custom portfolio strategy, Flexible Portfolios. According to Betterment, retail investors now have the ability to control asset class weights within the Betterment portfolio, enabling them to decide how money… Read More
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
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
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, 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
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
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