.
MergerLinks Header Logo

New Deal


Announced

Completed

Insight Partners and Accel led a $450m Series D funding round in DriveWealth.

Synopsis

Insight Partners and Accel led a $450m Series D funding round in DriveWealth, a developer of financial technology systems. Other investors include Greyhound Capital, Softbank Vision Fund, Point72 Ventures, Fidelity International, Base 10, FTX, and FlightDeck. DriveWealth will use the Series D investment to execute its strategic vision of becoming the category leader of embedded investing across digital wallets and brokerage apps on every continent. This raise will fund continued product and service expansion, talent acquisition, and technology innovation to build the most modern, industrial-strength infrastructure in brokerage to support the firm's and its partners' future growth. The funding will also be used to launch self-clearing and accelerate execution via strategic acquisitions and partnerships.

Principals

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US