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Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Series E
Total Funding
$323.2M
Headquarters
Chicago, Illinois
Founded
2015
M1 Finance provides a technology-driven platform for investment and lending services. Its main product is an investment platform that allows users to invest in various financial instruments, with incentives like cash bonuses to encourage participation. The platform prioritizes security by utilizing advanced information security technologies to protect clients' investments. Additionally, M1 Finance offers margin loans, enabling clients to borrow against a portion of their portfolio at competitive rates, and a credit card called the Owner’s Rewards Card, which offers up to 10% cash back on purchases that can be reinvested into their investment portfolios. Unlike many competitors, M1 Finance combines investment management with lending and rewards, creating a comprehensive financial service. The company's goal is to empower clients to grow their investments while providing a secure and user-friendly experience.
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Total Funding
$323.2M
Above
Industry Average
Funded Over
6 Rounds
Industry standards
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.
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Industries
Fintech
Financial Services
Company Size
201-500
Company Stage
Series E
Total Funding
$323.2M
Headquarters
Chicago, Illinois
Founded
2015
Find jobs on Simplify and start your career today