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Freetrade Bags New Round After What CEO Says Was 'Peak' Of Public Market
Tuesday, May 24, 2022 - 12:18pm | 145Freetrade, a European commission-free trading app for globally-listed stocks and ETFs, announced the raise of about $38 million (£30 million) in debt, which it will convert later to equity. Why It Matters: To bolster post-pandemic innovation after “the peak of the public markets,...
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M1 Finance Announces $75M Series D To Lower Barriers To Financial Wellness
Tuesday, March 9, 2021 - 10:00am | 383The finance app M1 Finance, an automated money management platform, has announced a $75-million Series D funding round. What Happened: M1 Finance is a platform for digital investing, borrowing and banking. As part of its vision to help self-directed investors build wealth for the long-term, M1...
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M1 Finance Adds Smart Transfers Automatic Money Management Feature
Wednesday, December 2, 2020 - 8:55am | 412Key Points: M1 Finance is a platform for digital investing, borrowing and banking. The firm launched Smart Transfers, an automatic money management tool. Smart Transfers lets users optimize dollars and build long-term wealth. Fresh off its $45-million Series C funding round led by Left...
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Fintech Focus Roundup For October 17, 2020
Saturday, October 17, 2020 - 9:42am | 3676Meet Q.ai, The App That's Disrupting Hedge Funds The Nitty-Gritty: Though trading apps like Robinhood democratize financial markets, they don’t allow investors the tools to properly manage investments. That’s according to Stephen Mathai-Davis, a former institutional investment...
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M1 Finance Closes On $45M Series C To Pursue Strategic Growth Initiatives
Wednesday, October 14, 2020 - 4:10pm | 357After surpassing $2 billion in assets one month ago, M1 Finance, an automated money management platform, announced the closure of a $45-million Series C funding round led by Left Lane Capital, bringing the company's total funding to just under $100 million. What Happened: M1 Finance is a...