Work Here?
Overview
M1 Finance provides a technology-driven platform for investing, lending, and credit rewards. It lets users invest in a range of instruments, borrow against 40% of their portfolio with margin loans, and earn up to 10% cash back through the Owner’s Rewards Card with automatic reinvestment. It stands out by offering an integrated platform that combines portfolio management, borrowing, and rewards in one place, supported by strong information security and scalable asset growth (about $7 billion under management). Its goal is to help clients grow wealth by making investing and borrowing tools easy to use on a single, secure platform.
About M1 Finance
Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Series E
Total Funding
$323.2M
Headquarters
Chicago, Illinois
Founded
2015
Simplify's Take
What believers are saying
- Assets under management surged to $10 billion from $7 billion since August 2023.
- Thought Machine powers cloud-native banking, boosting scalability and innovation.
- Dividend income tracker enhances Auto-Invest and dynamic rebalancing tools.
What critics are saying
- FINRA fined M1 $850,000 in 2024 for influencer social media misrepresentations.
- New FINRA rules cap margin loans at 25% starting January 2026, slashing revenue.
- Fidelity replicates pies with zero-fee fractional shares since March 2025.
What makes M1 Finance unique
- M1 Finance blends automated pies with manual control for customizable portfolios.
- Owner’s Rewards Card reinvests up to 10% cash back directly into portfolios.
- FIS Proxy Voting modernizes real-time voting, reducing legacy system delays.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$323.2M
Above
Industry Average
Funded Over
6 Rounds
Coatue Management
SoftBankIndustry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↓ -4%Best for Low Costs: M1 Finance also wins the Best for Low Costs category with no fees charged for trading or account management, putting more of your dollars to work by investing.
M1 Finance has selected Thought Machine, the cloud-native banking technology company, to power and grow its platform.
Formpipe Software announced today that M1 Finance, The Finance Super App ™, has selected Lasernet to support its output and document management requirements as it rolls out its Invest, Borrow and Spend products for its hundreds of thousands of clients on the Temenos Banking Cloud.
M1 Finance recently announced the launch of the Owner's Rewards Card by M1.
M1 Finance launches its first credit card that gives extra cash back when buying from companies whose stock you own.
There are no jobs for M1 Finance right now.
Find jobs on Simplify and start your career today
About M1 Finance
Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Series E
Total Funding
$323.2M
Headquarters
Chicago, Illinois
Founded
2015
There are no jobs for M1 Finance right now.
Find jobs on Simplify and start your career today