Tagged: m1 finance

March 19, 2024 @ 10:09 pm By Omar Faridi  |  

FINRA announced that it has fined M1 Finance LLC $850,000 for social media posts made by influencers on the firm’s behalf that were not fair or balanced, or contained exaggerated, unwarranted, promissory or misleading claims. This case arises from FINRA’s targeted exam of firm practices… Read More

July 15, 2021 @ 8:01 am By Omar Faridi  |  

Brian Barnes, the Founder and CEO at M1 Finance, notes that he’s pleased to confirm the company’s $150 million Series E round, led by Softbank’s Vision Fund 2 along with participation from existing investors. M1 Finance‘s latest investment round brings the company’s valuation to $1.45… Read More

December 2, 2020 @ 3:51 pm By Samantha Hurst  |  

  M1 Finance, a U.S.-based automated money management platform, announced on Tuesday the launch of its new “Smart Transfer” feature. According to M1 Finance, the feature automatically moves users’ money where and when they want it to help them reach their financial goals. “Completely customizable,… Read More

October 14, 2020 @ 11:33 am By Samantha Hurst  |  

M1 Finance, a U.S.-based automated money management platform, announced on Wednesday it secured $45 million through Series C funding round, which was led by Left Lane Capital with participation from Jump Capital and Clocktown Technology Ventures. The investment round brings M1’s total amount raised to… Read More

September 11, 2020 @ 1:57 pm By Samantha Hurst  |  

M1 Finance, a U.S.-based automated money management platform, announced on Thursday it surpassed $2 billion in assets on its platform, just six months after hitting the $1 billion asset mark. The company claims that it reached both $1 billion and $2 billion AUM thresholds faster… Read More

June 9, 2020 @ 11:45 am By JD Alois  |  

Chicago based M1 Finance, an automated money management platform has raised $33 million in a Series B funding round. The r0und was led by LeftLaneCapital with participation from Jump Capital, Clocktower Technology Ventures as well as existing M1 investors, according to a release. M1 has… Read More

February 27, 2020 @ 9:23 pm By Omar Faridi  |  

M1 Finance, an established “smart” money management solution provider, revealed on February 26 that it has apparently exceeded $1 billion in total assets on its platform.  According to a press release, M1 achieved this milestone in less time from its official launch and with less… Read More