DriveWealth treasures $21m series B

Apr 6, 2018 • Thierry Heles

DriveWealth has closed a series B round co-led by SBI, three years after attracting series A capital from Route 66 Ventures.

US-based fintech developer DriveWealth has obtained $21m in series B funding from a consortium co-led by financial services firm SBI Holdings, investment firm Raptor Group and VC firm Point72 Ventures.

Route 66 Ventures also returned for the round, after previously supplying an undisclosed amount in series A capital in 2015. DriveWealth raised a total of $5.6m in equity, debt and convertible notes in between 2013 and 2015, according to regulatory filings.

DriveWealth runs a cloud-based platform that allows financial services…

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