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Fintech Focus For December 2, 2020
Tuesday, December 1, 2020 - 7:02pm | 2069Quote To Start The Day: It’s possible to transcend anything that doesn’t kill you. Source: David Goggins One Big Thing In Fintech: The digitization of financial markets in Africa will continue to accelerate as local investors seek diversified access to higher-yield financial products....
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5 Brokerage Execs On 2020 Market Trends: 'Trading Has Become Cool Again'
Wednesday, November 11, 2020 - 11:57am | 698Lockdowns during the coronavirus pandemic have prompted a rise in speculative retail trading activity that's reflected in increased client order flow. The trend was the topic of discussion among five market experts Tuesday at the Benzinga Global Fintech Awards in a panel...
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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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Fintech Focus For October 15, 2020
Wednesday, October 14, 2020 - 6:26pm | 2121Quote Of The Day: There needs to be a sweet spot between the brand and your community. - Danny Cortenraede Fintech Movers: [W]e think that over the next five years, Bitcoin presents a multi trillion dollar opportunity. - ARK Invest M1 Finance closes on $45M Series C round. Deutsche to introduce...
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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...
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Fintech Focus Roundup For September 12, 2020
Friday, September 11, 2020 - 4:45pm | 952S&P Global Market Intelligence, Snowflake Team Up What's Going On: On Sept. 9, S&P Global Market Intelligence announced a collaboration with cloud data platform Snowflake, to seamlessly deliver S&P’s Global industry-leading financial, textual, ESG, and alternative data. What...
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M1 Finance Surpasses $2B In Assets, Hones In On Growth Initiatives
Wednesday, September 9, 2020 - 2:16pm | 322M1 Finance, a platform for money management, announced it surpassed $2 billion in assets. What To Know: M1 Finance is a platform for digital investing, borrowing, and banking. As part of a vision to help self-directed investors build long-term, sustainable wealth, M1 doubled down on growth...
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Fintech Focus For July 30, 2020
Thursday, July 30, 2020 - 8:06pm | 1944Daily Perspective: Not all those who wander are lost. - J.R.R. Tolkein Fintech Movers: Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending....
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M1 Finance Raises $33M In Series B Funding, Eyes Growth Initiatives
Tuesday, June 9, 2020 - 4:48pm | 395M1 Finance, an automated money management platform, announced a $33-million Series B funding round Tuesday led by Left Lane Capital, with participation from Jump Capital and Clocktower Technology Ventures. M1 Reaches $1B In Assets Under Management M1 said it's leveraging a record-...
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M1 Finance Prepares Launch Of M1 Spend: 'It's Really A Next Generation Personal Finance Account'
Tuesday, March 10, 2020 - 5:00pm | 421M1 Finance, a robo-adviser platform that allows for free and automatic investment in custom stock and ETF portfolios, in February announced it reached $1 billion in assets. CEO and founder Brian Barnes spoke with Benzinga about driving user growth and enhanced platform functionality. Natural Growth...
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M1 Finance Passes $1 Billion In Assets
Wednesday, February 26, 2020 - 2:06pm | 301Investing platform M1 Finance said Wednesday it has passed the $1-billion mark for assets on its platform in the just over three years since its launch. The Chicago-based company said its free money management platform also hit the milestone while relying on just $26.5 million in venture...
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M1 Finance Reaches 100K Funded Accounts, Prepares To Launch Banking Feature: 'The Comprehensiveness Of The Platform Makes It Unique'
Monday, July 15, 2019 - 3:40pm | 615As M1 Finance — a robo-adviser platform that advertises its ease of use — expands its user base and moves into the traditional banking space, CEO and founder Brian Barnes spoke with Benzinga for an update on the company. About M1 Stanford graduate Barnes, who...
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Funding, IPOs, M&A: A Look At Fintech In 2018
Wednesday, October 3, 2018 - 4:24pm | 1966This story is the third in a multipart series by Benzinga on the state of the fintech sector in 2018. As the fourth quarter kicks off, Benzinga is taking a look back at some of the fintech stories we've covered in the last nine months. They include continued dealmaking between major...
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M1 Finance Has A New Feature That Lets You Borrow Against Your Portfolio
Thursday, July 19, 2018 - 4:18pm | 615M1 Finance, the Chicago-based roboadviser that offers automated investing for free, has begun allowing portfolio lines of credit to some clients. The feature, called M1 Borrow, launched in June and is available to all clients on the platform with at least $25,000 in their account — about half...
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3 Robo-Advisors CEOs Explain How They're Trying To Make Investing Easier
Sunday, May 20, 2018 - 5:56pm | 639The concept of robo-advisors isn’t new. Despite the growth of the industry over the last five or so years making it easier to invest than ever, a large segment of the population continues to be underinvested — especially young adults. The leaders of three top robo-advisors outlined how...