Venture Capital News: DriveWealth Announces $56.7M Series C Round
2020-10-27
CHATHAM, NJ, DriveWealth today announced a $56.7 million Series C round.
DriveWealth, a leader in global digital trading technology, today announced a $56.7 million Series C round to strengthen its current technology stack, make strategic acquisitions, and grow the organization to scale its business.
The round was led by Point72 Ventures, LLC, a current investor, with participating investment from Raptor Group, SBI Holdings, Inc. and Route 66 Ventures, LLC. DriveWealth also welcomed two new investors - Mouro Capital and Fidelity International Strategic Ventures. DriveWealth has also added new members to its Board of Directors: Peter Monaco from Raptor Group, Pat Wilson from Route 66, Yukiko Roberts from SBI, and Donato Cuttone from Cuttone & Company.
DriveWealth Holdings, Inc., wholly owns DriveWealth, LLC, a member of FINRA and SIPC. DriveWealth, LLC is a licensed carrying and self-clearing broker offering digital brokerage solutions to broker-dealers, advisors and online partners worldwide through its proprietary investment platform. DriveWealth, LLC delivers access to the U.S. securities markets along with an array of digital products that power both emerging and established financial companies. For more information, please visit DriveWealth.com.
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