Fintech
DriveWealth Named to CNBC World’s Top FinTech Companies of 2024
The financial technology platform recognized for its global efforts in the Wealth Technology category
NEW YORK, July 10, 2024–(COMMERCIAL THREAD)–Driving Wealtha leading financial technology platform providing Brokerage-as-a-Service, has been recognized in the second edition of CNBC’s “World’s Best FinTech Companies 2024” List which was released today. This prestigious award is presented by CNBC and Statista Inc., the world’s leading statistics portal and industry rankings provider. DriveWealth earned its place on the list based on its global efforts to provide a range of financial services to its partners’ end customers.
“We are honored to be named to CNBC’s impressive list of the ‘World’s Top FinTech Companies 2024,’” said Michael Blaugrund, CEO of DriveWealth. “This award is a testament to how we collaborate with our B2B partners around the world to democratize finance and enhance the investing experience for tens of millions of retail households.”
The list of the world’s top FinTech companies recognizes 250 companies across eight different market segments: Payments, Neobanking, Alternative Finance, Wealth Technology, Financial Planning, Digital Assets, Business Process Solutions, and Banking Solutions. These segment-specific KPIs were derived from the following research methods:
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Collection of publicly available data points: An in-depth research was conducted on relevant KPIs for over 2,000 eligible companies, using publicly available sources, including annual reports, company websites and media monitoring.
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Open the application online: Over 100 companies had the chance to be considered for the top of the ranking by submitting relevant KPIs.
With its best-in-class technology platform, DriveWealth powers innovative investment solutions, enabling both established and emerging digitally native firms to provide their clients with simple, efficient and compliant securities trading. Its patented fractional trading API and Brokerage-as-a-Service technologies have unlocked investment opportunities for over 100 partners globally, including Europe, Asia and Latin America. Focused on serving banks and broker-dealers, wealth managers, digital wallets and consumer brands, DriveWealth has demonstrated impressive three-year compound revenue growth of over 50%.
DriveWealth partners Block, C6, MoneyLion, Papara, Revolut, and Viva Republica were also named to CNBC’s “World’s Top FinTech Companies 2024” list.
About DriveWealth:
DriveWealth is a global B2B financial technology platform. Our core business is providing Brokerage-as-a-Service, powering investment and trading experiences for digital wallets, broker-dealers, wealth managers and consumer brands. DriveWealth APIs provide our partners with a modern, extensible and flexible toolkit to develop everything from traditional investment workflows to more innovative techniques like rounding purchases into fractional share ownership. For more information, visit www.drivewealth.com.
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Contacts
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