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Drivewealth

Provider
Retirement / WealthBaaS

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 17 companies across 2 categories.

drivewealth.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
CategoriesRetirement / Wealth, BaaS
Rank#1 of 37 in Retirement / Wealth
Buyers17 companies
HeadquartersJersey City, NJ (also New York, NY)
Founded2012

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Founders & story · from Drivewealth’s own dossier

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.

Latest round: Secondary - Private
Recent developments
  • 2024-07DriveWealth named to CNBC World's Top FinTech Companies 2024 list in the Wealth Technology category. source ↗
  • 2025-10Updated Privacy Policy effective October 1, 2025, reflecting continued B2B platform operations. source ↗
  • 2026-01Customer Brokerage Account Agreement updated effective January 1, 2026, confirming DriveWealth as a clearing broker-dealer. source ↗
Full dossier: Drivewealth’s own stack, layer by layer →
Who uses Drivewealth
17 companies disclose Drivewealth in their stack
Alinea InvestStakeOnePayGBMChakaFlinkDigitChipper CashSideKick MoneyChakaChukaRacionalCarry Money+5 more
Buyer mix · 17 of 17 classified
Fintech / Investment · 12Fintech / Consumer banking · 4Fintech / Cross-border payments · 1
US · 8LATAM · 3MENA · 2Africa · 2UK · 1
What the disclosures say
Alinea Invest
“DriveWealth publicly lists Alinea Invest as a customer (drivewealth.com — TIER 1 known_customer_listing), consistent with DriveWealth's brokerage-as-a-service role powering fractional share investing in consumer apps.”
Stake
“Stake's own legal pages (hellostake.com/uk/legal/privacy-policy and hellostake.com/au/legal/privacy-collection-notice-for-identity-verification) list DriveWealth Customer Account Agreement and DriveWealth Limited Purpose Margin Agreement, indicating DriveWealth is the clearing/brokerage infrastructure provider for US e…”
OnePay
“DriveWealth publicly lists OnePay as a customer (https://www.drivewealth.com/) — DriveWealth provides fractional equities infrastructure.”
View source · drivewealth.com ↗
GBM
“DriveWealth publicly lists GBM as a customer at https://www.drivewealth.com/ (TIER 1 known_customer_listing) — DriveWealth provides the brokerage infrastructure for US equities access.”
View source · drivewealth.com ↗
Chaka
“TechCrunch (2019): 'The platform has partnerships with two brokers to facilitate stock purchases: Citi Investment Capital and U.S.-based DriveWealth.'”
Flink
“DriveWealth publicly lists Flink as a customer at https://www.drivewealth.com/ — DriveWealth is the brokerage infrastructure and investment platform provider enabling Flink's retail stock-trading product for Mexican consumers.”
View source · drivewealth.com ↗
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Drivewealth? Claim this profile above to unlock your own full list.
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What Drivewealth runs on · from its own dossier
The third-party providers Drivewealth itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Drivewealth.
Ledger
Modern Treasury
Treasury Management
Modern TreasuryFDIC-insured bank networkR&T Deposit Solutions
Open Banking
Plaid
Full dossier with evidence for each layer →
Alternatives to Drivewealth

Other Retirement / Wealth providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Vestwell15 buyers →guideline12 buyers →Betterment at Work6 buyers →Atomic Brokerage4 buyers →betterment4 buyers →Empower4 buyers →Apex Fintech Solutions3 buyers →Coronation Asset Management3 buyers →
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Ranked #1 of 37 in Retirement / Wealth — Embedded Finance Index 2026
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Drivewealth — frequently asked

Which companies use Drivewealth?

17 companies are linked to Drivewealth in the Embedded Finance Index 2026, through their own public disclosures or Drivewealth's published customer list, including Alinea Invest, Stake, OnePay, GBM, Chaka, Flink, Digit, Chipper Cash, SideKick Money, ChakaChuka and 2 others.

What does Drivewealth do?

Drivewealth is an embedded-finance provider in Retirement / Wealth and BaaS. It ranks #1 of 37 Retirement / Wealth providers by linked companies.

What are the alternatives to Drivewealth?

The most-named Retirement / Wealth alternatives to Drivewealth are Vestwell (15 buyers), guideline (12 buyers), Betterment at Work (6 buyers), Atomic Brokerage (4 buyers), betterment (4 buyers) and Empower (4 buyers).

Where is Drivewealth headquartered?

Drivewealth is founded in 2012 and headquartered in Jersey City, NJ (also New York, NY).

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