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WealthTech Weekly: December 23, 2022

Welcome to the news highlights of this week.

What’s going on:

- DriveWealth shows this year’s accolades

- StartEngine scoops $189m in 12 months

- Small rounds prevail this week

- There’s Amazon of financial services in the making somewhere

- Wealthtech takes a look back at its 2022

Let’s move on to the details.

Big names, new names

U.S.-based DriveWealth, a fintech that spearheads fractional investment, has collected quite a bunch of awards this year. The company won acknowledgment from Deloitte, CB Insights, Forbes, and other prominent industry spotlights for its innovativeness and rapid development, and may soon become a bright Wealthtech star.

Read more here

 

StartEngine, a pace-setter in democratized seed investing, reaped over $189 million in 2022, which is half the sum the company raised on its platform. StartEngine’s mission is to make seed investing available to everyone, not just VCs or experienced angel investors, and the firm has made quite a progress in this field.

Read more here.

Next read: See what defined the path for Fintech in 2022
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Bigger picture

A week of smaller rounds draws close to the end. See who’s received funding as a Christmas present.

Read more here.

 

A Wealthtech company that will make a massive leap into the future, transform the whole industry, and be an icon for the customers—who will become that Amazon of financial services? Jack Sharry from Financial Advisor shares his informed guesses.

Read more here

 

As 2022 is about to say bye, it’s a good idea to reassess what this year has brought for Wealthtech. See what industry leaders think about these 12 months.

Read more here.

Up for reading materials on Wealthtech that are not news? Check out more articles below.

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INSART is a Fintech engineering partner who gets to the core and polishes every detail when developing Fintech solutions, integrating the best of traditions into innovations.

  • We assemble dedicated teams for Fintech projects and manage them long-term. 
  • A thorough understanding of financial concepts helps our developers build best-in-class gear. 
  • By fostering a culture of financial literacy across the company, we make our team grow professionally and improve their financial well-being. 

Fact: our expertise saves you at least 25% of the time compared to teams inexperienced in the business domain area. Contact Vasyl Soloshchuk or schedule a call with one of our tech experts to learn more. See you on the innovation side!

 

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