DriveWealth Named to CNBC World’s Top FinTech Companies 2024 List

Monetary expertise platform acknowledged for its world efforts within the Wealth Know-how class

NEW YORK, July 10, 2024–(BUSINESS WIRE)–DriveWealth, a number one monetary expertise platform offering Brokerage-as-a-Service, was acknowledged on the second version of CNBC’s “World’s Top FinTech Companies 2024” list that was launched immediately. This prestigious award is offered by CNBC and Statista Inc., the world-leading statistics portal and trade rating supplier. DriveWealth earned a spot on the listing primarily based on its world efforts to ship a variety of economic companies to its companions’ finish purchasers.

“We’re honored to obtain placement amongst CNBC’s spectacular listing of ‘World’s Prime FinTech Corporations 2024’,” stated Michael Blaugrund, CEO at DriveWealth. “This award is a testomony to how we collaborate with our B2B companions throughout the globe to democratize finance and energy the investing expertise for tens of tens of millions of retail households.”

The World’s Prime FinTech Corporations listing acknowledges 250 firms throughout eight completely different market segments: Funds, Neobanking, Alternate Finance, Wealth Know-how, Monetary Planning, Digital Belongings, Enterprise Course of Options and Banking Options. These segment-specific KPIs have been derived by the next analysis strategies:

  1. Assortment of Publicly Accessible Information Factors: In-depth analysis into related KPIs for greater than 2,000 eligible firms was carried out utilizing publicly out there sources together with annual reviews, firm web sites and media monitoring.

  2. Open On-line Software: Greater than 100 firms had the chance to be thought of for the highest listing by submitting related KPIs.

With its best-in-class expertise platform, DriveWealth fuels revolutionary investing options, enabling each established firms and rising digital-native corporations to offer securities buying and selling to their purchasers merely, effectively and in a compliant vogue. Its patented fractional buying and selling and Brokerage-as-a-Service API applied sciences have unlocked funding alternatives to greater than 100 companions throughout the globe, together with in Europe, Asia, and Latin America. With a give attention to serving banks and dealer sellers, asset managers, digital wallets, and shopper manufacturers, DriveWealth has demonstrated a powerful three-year compounded income development of higher than 50%.

DriveWealth companions Block, C6, MoneyLion, Papara, Revolut, and Viva Republica have been additionally acknowledged in CNBC’s “World’s Prime FinTech Corporations 2024” listing.

About DriveWealth:

DriveWealth is a world B2B monetary expertise platform. Our core enterprise is offering Brokerage-as-a-Service, powering the investing and buying and selling experiences for digital wallets, dealer sellers, asset managers, and shopper manufacturers. DriveWealth’s APIs present our companions with a contemporary, extensible and versatile toolkit to develop every little thing from conventional funding workflows to extra revolutionary methods like rounding up purchases into fractional share possession. For extra info, go to www.drivewealth.com.

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