“Can a single API-first clearing broker-dealer become the global infrastructure layer for embedded investing — powering fractional US equity access for every fintech, neobank, and digital wallet worldwide?”
Founded in 2012 as MySolomeo Holdings, DriveWealth pivoted to become a pure-play B2B Brokerage-as-a-Service infrastructure provider, enabling global fintech partners to offer fractional US equity trading to retail customers via API. The company operates as a registered clearing broker-dealer (SEC/FINRA), supporting both fully-disclosed and omnibus account structures. Its embedded investing thesis — democratizing access to US capital markets through partner platforms — attracted global digital wallets, neobanks, and robo-advisors as customers. The platform has expanded from pure brokerage clearing into adjacent infrastructure including cash management (bank sweep), ACH funding via Plaid, and treasury-like yield features for uninvested cash.
DriveWealth moves money over ACH.
DriveWealth runs its ledger on Modern Treasury.
DriveWealth connects to bank accounts through Plaid.
The Embedded Finance Index 2026 maps 4 layers in DriveWealth's stack: Money movement (ACH); Ledger (Modern Treasury); Open banking (Plaid); Treasury (Modern Treasury, FDIC-insured bank network (via R&T Deposit Solutions) and R&T Deposit Solutions).
DriveWealth is founded in 2012 and headquartered in Jersey City, NJ (also New York, NY).
Get a read on where your own stack stands against DriveWealth and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.