How they describe themselves: DriveWealth is the leading and fastest growing B2B2C brokerage in the world, currently reaching over 400 million potential customers through its powerful global partners. DriveWealth is the only company with the regulatory licenses and cloud based technologies to target mass retail investors worldwide. DriveWealth provides direct access to the best wealth management products (including US equity markets both self directed and managed) targeting the worlds new retail wealth, principally in the high growth markets of China, India, and Latin America.
How they describe their product/innovation: DriveWealth is releasing new powerful API to our global partners which will enable them to offer a comprehensive digital advisory (aka robo) product suite and a self directed equity investing platform, all through one customized mobile App. Each product can leverage DriveWealth’s unique real time fractional investing program, enabling retail investors worldwide the ability to invest virtually any dollar amount into a managed or self directed platform. We are seeing huge demand for robo solutions throughout the Asia region, and are introducing the DriveWealth solution through many of the leading digital and fintech companies in the region.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms