DriveWealth: Secures $450m Series D funding
- DriveWealth has secured $450 million in Series D funding, giving the company a new valuation of $2.85 billion
- The latest funding round was led by New York-based Insight Partners and Accel, with participation by Greyhound Capital
- The round also included follow-on investment from Fidelity International, plus new investors including Base 10, FTX
- It will use the latest investment to execute its “vision of becoming the leader of embedded investing across digital wallets
- The funding will support continued product and service expansion, additional hires, and technology innovation
- It will also be used to launch self-clearing and accelerate execution via acquisitions and partnerships
