Tagged: wealthfront

June 5, 2020 @ 12:52 am By Omar Faridi  |  

California-based Fintech Wealthfront, a Robo-Advisor that had been focused on becoming a digital bank, has revealed that its checking account features are now live for the Wealthfront Cash Account. In statements shared with Crowdfund Insider, Wealthfront’s management noted that they’re on track to deliver what… Read More

March 22, 2020 @ 10:10 am By Omar Faridi  |  

Palo Alto-based Wealthfront, an automated investment service company with over $11.4 billion in assets under management, is reportedly getting closer to becoming a full-service digital bank. Wealthfront already provides most of the bank-like services including insured savings accounts. The “Cash Account” is offered by Wealthfront… Read More

August 23, 2019 @ 9:35 am By Samantha Hurst  |  

Robo advisor Wealthfront announced on Thursday that financial planning startup, Grove, has joined its platform. Wealthfront reported that Grove was founded in 2015 with a mission to mission to empower users to make “great decisions” about their money through a combination of human advisors and… Read More

December 21, 2018 @ 2:28 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) settled proceedings against Wealthfront Advisors LLC and Hedgeable, Inc, regarding claims of making false statements and publishing misleading advertising. This enforcement action marks the first the SEC has taken against Robo-advisors – a hot sector of Fintech. Wealthfront, a… Read More

October 19, 2018 @ 10:03 am By JD Alois  |  

Leading marketplace lending platform LendingClub (NYSE:LC) has partnered with Intuit (NASDAQ:INTU) and their Turbo product to speed up the borrowing process. According to the two companies, TurboTax data can now automatically flow directly into the LendingClub loan application and thus the borrowers may bring their… Read More

April 10, 2018 @ 12:19 pm By JD Alois  |  

LendIt returned to San Francisco this year as it continues with its annual conference which is one of the largest Fintech focused events in the US. This year’s event is a bit different for several reasons. First of all, more traditional banks showed up in… Read More

January 25, 2018 @ 11:28 am By Erin Hobey  |  

Instavest, a money management platform similar to multi-billion dollar robo-fintech platform Wealthfront, aims to differentiate itself by using “complex options strategies” to make users money in up or down markets, similar to hedge funds. Founded in 2015, Instavest also does not charge management fees; the… Read More

January 8, 2018 @ 11:26 am By Samantha Hurst  |  

Wealthfront, a California-based digital wealth management company, announced on Monday it secured $75 million during its latest funding round led by Tiger Global Management with participation from all existing venture capital investors, including Benchmark Capital, DAG Ventures, Greylock Partners, Index Ventures, Ribbit Capital, Social Capital… Read More

January 4, 2018 @ 1:29 pm By Erin Hobey  |  

Robo-advisor Wealthfront announced a $75 million round of financing led by Tiger Global Management with participation from all existing venture capital investors, including Benchmark Capital, DAG Ventures, Greylock Partners, Index Ventures, Ribbit Capital, Social Capital and Spark Capital Growth. Launched by Andy Rachleff and Dan Carroll in December 2011, Wealthfront currently… Read More

March 14, 2017 @ 12:08 pm By Spencer Li  |  

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

March 29, 2016 @ 5:07 pm By Samantha Hurst  |  

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