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

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.