Tagged: jon stein

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

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

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

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