Acorns, the financial management service for everyone else, adds 3 million users

Acorns, the financial management service focused on getting low- and middle-income households to invest and save responsibly, has reached 3 million users in the United States. The company has roughly

Wealthfront raises $75 million to help millennials invest

Millennials take a different approach to investing than previous generations. Only one in three are buying stocks. And some are turning to software, rather than humans, for advice on financial planni

Mobile savings and investment service Acorns is on track to do 1 billion trades in 2017

Acorns is quickly turning into an oak tree in the financial services space. The company now boasts more than 2 million investment accounts (with 600,000 opened in 2017 alone) and is on track to do 1 b

Founder’s Corner: Wealthfront’s Andy Rachleff on growing a business

Omidyar Network’s Emerging Tech team has launched the second season of its podcast, Founder’s Corner, with lessons from today’s premier founders and CEOs. We will be speaking with some of the t

Wealthfront now helps users save up for their kids’ college tuition

Robo-advisor Wealthfront originally came to market with a product to automate retirement savings, but over time has expanded to provide other financial tools. Today, the company is announcing a new pr

Wealthfront has launched a lending product

Automated financial investment and advisory service provider Wealthfront is now getting into the lending business. It seems like a good way for the company to juice revenues through interest payments

Investment platform Motif launches value-driven automated investment service

The tech-enabled investment advisory space gains a new entrant this morning as Motif, a mobile and web-based investment platform, launches its own version of automated investments for customers. While

Innovation under the hood will rev the engines of a fintech revolution

New consumer-facing financial applications are being built on top of old banking infrastructure, while other startups are going around financial infrastructure altogether. Together, they are unbundlin

Benchmark Capital co-founder Andy Rachleff takes over CEO role at Wealthfront

Wealthfront has a new man in charge at the top of the company, with Andy Rachleff — the company’s co-founder and executive chairman — taking the chief executive spot, according to a

Benchmark’s Andy Rachleff on what separates a good board from a great board

A good director combines vision, intellectual honesty, and humility to help guide a startup through every stage of its development.

The fintech world beyond Silicon Valley and Europe: Emerging market contenders

According to a recent study by Accenture, investments in fintech hit $5.3 billion in the first quarter of this year (having grown 75 percent in 2015, exceeding $22 billion). These are staggering figur

Wealthfront is updating its service with multiple integrations to give a more holistic view into financial health

Wealthfront, the West Coast robo-advisor battling Betterment for the top spot in tech-enabled wealth management, is launching a new version (and vision) of its wealth management service. The Redwood C

Wealthfront Launches Portfolio Review, An Advisory Tool For Avoiding Fees And Maximizing Savings

Wealthfront, the robo-advisory wealth management service, is offering a tool of its own to help people get a window into the money they're losing on fees.

Millennials Are Destroying Banks, And It’s The Banks’ Fault

Millennials are rejecting home ownership across the land. Millennials aren’t buying crap anymore, destroying businesses that, well, sell crap. Millennials are changing the workplace to be, I kid you

Aspiration’s Growth Shows The Appetite For More Financial Services

Defying its critics and building on the success of players like Wealthfront and Betterment, Aspiration, the new money management firm launched by Andrei Cherny, is off to a roaring start. The company

Wealthfront Now Manages More Than $2 Billion In Client Assets

Wealthfront, the automated investment services company that competes with traditional financial advisory behemoths like Fidelity, has today crossed the $2 billion mark in terms of assets managed. The

Wealthfront Closes A Big New Round As Competitors Crowd The Wealth Management Market

The automated wealth management firms (known as "robo-advisors") that are bringing algorithmically enhanced services to the stodgy world of retirement planning are gearing up to go Terminator as compe

Betterment Raises $32 Million To Disrupt Money Management

Betterment, the online financial services firm pitching better investments through technology, has raised $32 million in its latest round of funding. Consumer-focused financial services startups of a

Automated Investment Service Wealthfront Raises $35M From Index, Ribbit Capital

Financial services as an industry is a sector that is rapidly being disrupted from all directions. One of the startups helping to lead the pack is Wealthfront, an automated investment firm that serves

Startup Financial Services Companies Come Of Age

With one eye on businesses <a target="_blank" href="http://www.inc.com/magazine/201211/burt-helm/hard-lessons-in-modern-lending.html">abandoned in the wake of the financial crisis</a> and the other o
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