Full-Time
Confirmed live in the last 24 hours
B2B financial technology for investment services
$250k - $275kAnnually
Senior, Expert
No H1B Sponsorship
New York, NY, USA
This role is expected to come into our office on a cadence set by the Hiring Manager/Team (Hybrid).
You match the following DriveWealth's candidate preferences
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DriveWealth provides a financial technology platform that allows various businesses, such as banks and digital wallets, to offer investment and trading services to their customers. Their main product is a set of APIs that partners can use to create both traditional investment processes and new features, like allowing users to invest spare change into fractional shares of stocks. What sets DriveWealth apart from its competitors is its focus on a B2B model, which means they work directly with other businesses rather than individual investors. The goal of DriveWealth is to make investing more accessible and integrated into everyday financial activities for a wide range of clients.
Company Size
201-500
Company Stage
Series D
Total Funding
$537.7M
Headquarters
Jersey City, New Jersey
Founded
2012
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Insurance – Medical, Dental, Vision, Life, LTD & STD. HSA and FSA options.
Unlimited PTO
401k plan
Flexible working hours and work from home
Continuing education and conferences reimbursement
Fitness/Wellbeing reimbursement
Home Office stipend
Lunch program, snacks and beverages available in the office
Drive Wealth Management LLC invests $201,000 in Ferguson plc (NASDAQ:FERG).
Sharegain has partnered with financial technology platform DriveWealth to open up new opportunities in securities lending for online brokers globally.
Turkish banking challenger Papara has partnered with DriveWealth, a US-based financial tech firm providing Brokerage-as-a-Service, as it looks to launch a new US stock investment product.
DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, announced today the hiring of two new executives: Kyla Murphy, as Chief Product Officer and Lauren Veisz as Head of Operations.
Papara, the market-leading Turkish fintech, announced at Money 20/20 Europe its partnership with DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service. The partnership and investment product will provide Papara’s 20 million users with the ability to invest real-time in U.S. stocks on the Nasdaq and NYSE starting in October.Since 2020, the number of retail investors in Turkey has surged from 1.2 million to over 8 million. With DriveWealth’s industry-leading fractional investing solution, Papara users will be able to buy or sell fractional shares in U.S. equities and ETFs, creating a new generation of empowered retail investors.As one of Turkey’s most popular finance apps, Papara is evolving into a one-stop financial super-app for the digital-native generation. In offering savings and investment products directly from the app, Papara will make investing more accessible, allowing its predominantly Gen-Z and millennial users to seamlessly start their investment journey and build investment habits early.Papara’s new stock investment product offers real-time market data and the ability to invest in fractional shares with lower minimums of $1 and fixed transaction fees
New Jersey-based DriveWealth won Best of Show at FinovateEurope 2016 in London.
DriveWealth Unicorn News - January 22, 2025 DriveWealth has partnered with Moment Technology Inc. to expand its fixed-income asset class offerings, making the bond market more accessible to retail investors by removing high investment thresholds.
Drive Wealth Management LLC makes new $234,000 Investment in Motorola Solutions, Inc. (NYSE:MSI).
NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, announced today the hiring of two new executives: Kyla Murphy, as Chief Product Officer and Lauren Veisz as Head of Operations. In their respective roles, Murphy and Veisz will help to further expand DriveWealth’s footprint in global markets, develop deeper relationships with current and potential partners, and build out the company’s product roadmap. "DriveWealth powers our global partners’ investing and trading applications through a combination of world-class technology and deep industry and regulatory knowledge,” said Michael Blaugrund, CEO of DriveWealth. “Kyla and Lauren each bring specialized expertise in their respective fields, strengthening DriveWealth’s ability to serve our partners globally and expand our platform at scale to meet their needs.". Murphy brings two decades of experience as a financial services executive across finance, wealth management, banking, and technology-leading risk management infrastructure, global regulatory implementations and business integrations. She worked at Morgan Stanley for 17 years, holding multiple management roles and most recently served as a Managing Director and Head of Basel Implementation
Joining DriveWealth's C-suite, Ellis will transition from serving as Head of People to Chief People Officer.
DriveWealth, an API-based brokerage infrastructure provider, received a $450 million investment in a Series C round led by Insight Partners and Accel, reaching a valuation of $2.85 billion. Other participants included Greyhound Capital, Softbank Vision Fund 2, Point72 Ventures, Fidelity International, Base 10, FTX, and FlightDeck. The investment will accelerate DriveWealth's global expansion to enhance its embedded investing technology.
DriveWealth has announced the promotions of Jason Pizzorusso to President; Marcus Anthony to Chief Financial Officer; and Emily Ellis to Chief People Officer.