DriveWealth Named to CNBC World’s Top FinTech Companies 2024 List

Financial technology platform recognized for its global efforts in the Wealth Technology category

NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, was recognized on the second edition of CNBC’s “World’s Top FinTech Companies 2024” list that was released today. This prestigious award is presented by CNBC and Statista Inc., the world-leading statistics portal and industry ranking provider. DriveWealth earned a spot on the list based on its global efforts to deliver a range of financial services to its partners’ end clients.

“We are honored to receive placement amongst CNBC’s impressive list of ‘World’s Top FinTech Companies 2024’,” said Michael Blaugrund, CEO at DriveWealth. “This award is a testament to how we collaborate with our B2B partners across the globe to democratize finance and power the investing experience for tens of millions of retail households.”

The World's Top FinTech Companies list recognizes 250 companies across eight different market segments: Payments, Neobanking, Alternate Finance, Wealth Technology, Financial Planning, Digital Assets, Business Process Solutions and Banking Solutions. These segment-specific KPIs were derived by the following research methods:

1. Collection of Publicly Available Data Points: In-depth research into relevant KPIs for more than 2,000 eligible companies was conducted using publicly available sources including annual reports, company websites and media monitoring.
2. Open Online Application: More than 100 companies had the opportunity to be considered for the top list by submitting relevant KPIs.

With its best-in-class technology platform, DriveWealth fuels innovative investing solutions, enabling both established companies and emerging digital-native firms to provide securities trading to their clients simply, efficiently and in a compliant fashion. Its patented fractional trading and Brokerage-as-a-Service API technologies have unlocked investment opportunities to more than 100 partners across the globe, including in Europe, Asia, and Latin America. With a focus on serving banks and broker dealers, asset managers, digital wallets, and consumer brands, DriveWealth has demonstrated an impressive three-year compounded revenue growth of greater than 50%.

DriveWealth partners Block, C6, MoneyLion, Papara, Revolut, and Viva Republica were also recognized in 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 the investing and trading experiences for digital wallets, broker dealers, asset managers, and consumer brands. DriveWealth’s APIs provide our partners with a modern, extensible and flexible toolkit to develop everything from traditional investment workflows to more innovative techniques like rounding up purchases into fractional share ownership. For more information, visit www.drivewealth.com.