The Fintech Index
20 companies rated 5 sectors 1 data report Last checked Sep 23, 2026
WLT / Wealth & brokerage platforms

DriveWealth

Brokerage as a service, through a US broker-dealer and APIs, so banks, apps and wallets can offer their own customers worldwide US investing, fractional shares included. The firm is private. Headquarters are in New York.

Established
2012
Company type
Private
Official site
www.drivewealth.com

Assessment

DriveWealth runs the brokerage layer so partners can put investing in their own app via one integration for execution, custody, tax reporting, onboarding, and KYC and AML, and it says production can come in 90 days at the shortest. Its fractional engine works to eight decimal places on orders from $0.01, supports up to 24-hour sessions in US equities, and clients named during 2026 include Acorns, Revolut, Freetrade and MoneyLion.

The European entity, which has held a Bank of Lithuania licence since October 2024, and excess SIPC coverage up to $50 million for each account, back the international model. Pricing is unpublished, the business is organized around partners and leaves advisors outside that setup, and DriveWealth's own trade-volume figures start at 3.1 million a day and reach up to 10 million a day, depending on the page.

Scenarios

ScenarioSuitabilityWhy
US investing added to a non-US appWell suitedPartners across 30+ countries, with an EU licence via Lithuania.
Micro and fractional investingWell suitedOrders from $0.01, precise to eight decimal places.
Round-up and rewards programsWell suitedThe platform includes stock rewards and round-up investing.
Operating an advisory practiceNot suitedAdvisor portfolio and billing tools are not offered.

Built for

Consumer apps, banks and digital wallets, above all those outside the US, seeking to embed investing in US stocks and ETFs through an API.

Less suited to

Advisory firms needing portfolio tools and practice tools, or buyers who need pricing published.

Who should consider it

Likely to suit

  • Neobanks and wallets that add US stocks for users abroad
  • Consumer brands that offer stock rewards
  • Brokers seeking fractional execution using FIX

Unlikely to suit

  • Independent advisors who want a custodian offering practice tools
  • Buyers who require published prices
  • Firms that want volume figures verified independently

Rating by criterion

How the eight criteria that form the rating for DriveWealth are each scored out of 100.

Sector criteria

Assets and account types80

US equities, ETFs over 3,000, OTC securities, mutual funds over 6,000, fixed income and options, and alternative funds brought in during the past year.

Advisor and client tools70

APIs for embedded investing, an engine for fractional trading, stock rewards, round-up investing and a partner dashboard, with little tooling for advisors.

Integrations and data82

A REST API, sandbox included, FIX access, ties to LSEG Autex, TRAFiX and Bloomberg EMSX, and Kalshi event contracts in an announced plan.

Custody and operations82

DriveWealth, LLC, a broker-dealer that is self-clearing and SEC-registered, belongs to FINRA and SIPC; the EU is covered by a Bank of Lithuania licence, and excess SIPC coverage is $50 million per account.

Vendor criteria

Product depth and roadmap82

Institution count is more than 100 across 30+ countries, the company says, and a new CEO was named in August 2025.

Onboarding and support78

While integrating, buyers receive solutions engineers, a dedicated Slack channel and testing help, then relationship managers and a support desk after launch.

Pricing transparency48

Prices are not published, and the sales path is a contact form.

Contract terms60

Terms in the contract are not public, and sales negotiates them.

Against its peers

How DriveWealth compares with other companies we rate in Wealth & brokerage platforms.

Fact file

Broker-dealerDriveWealth, LLC is SEC-registered, a member of FINRA and SIPC, and self-clearing Source
EU licenceUAB DriveWealth Europe, under a Bank of Lithuania licence since October 14, 2024 Source
Named clientsC6 Bank, Freetrade, Acorns, Revolut, MoneyLion and others, per a DriveWealth list from July 2026 Source
Account protectionPer-account excess SIPC coverage up to $50 million, with $150 million in aggregate Source
PricingSales-led and not public Source

Source pages

  1. DriveWealth homepage: https://www.drivewealth.com/ (As of September 23, 2026)
  2. DriveWealth who we are: https://www.drivewealth.com/company/who-we-are/ (As of September 23, 2026)
  3. DriveWealth full service brokerage: https://www.drivewealth.com/solutions/full-service-brokerage/ (As of September 23, 2026)
  4. DriveWealth embedded investing: https://www.drivewealth.com/solutions/embedded-investing/ (As of September 23, 2026)
  5. DriveWealth execution services: https://www.drivewealth.com/solutions/execution-services/ (As of September 23, 2026)
  6. DriveWealth partner services: https://www.drivewealth.com/technology/partner-services/ (As of September 23, 2026)
  7. DriveWealth statement of financial condition, June 30, 2026: https://legal.drivewealth.com/s/DW_LLC_-Q2_26_Financial_Statements_SHORT-1.pdf (As of September 23, 2026)
  8. Bank of Lithuania register: UAB DriveWealth Europe: https://www.lb.lt/en/sfi-financial-market-participants/uab-drivewealth-europe (As of September 23, 2026)
  9. DriveWealth enhanced SIPC coverage: https://www.drivewealth.com/2025/11/drivewealth-releases-enhanced-sipc-insurance-coverage/ (As of September 23, 2026)
  10. DriveWealth on the CNBC World's Top Fintech Companies 2026 list: https://www.drivewealth.com/2026/07/drivewealth-named-to-cnbc-worlds-top-fintech-companies-2026-list/ (As of September 23, 2026)
  11. DriveWealth names Naureen Hassan CEO: https://www.drivewealth.com/2025/08/drivewealth-names-naureen-hassan-chief-executive-officer/ (As of September 23, 2026)
  12. FINRA BrokerCheck: DriveWealth, LLC: https://api.brokercheck.finra.org/search/firm/165429?wt=json (As of September 23, 2026)

How this rating was made

This profile gives our own assessment of DriveWealth to companies selecting a Wealth & brokerage platforms provider. The Fintech Index receives nothing for featuring a firm, for sponsorship, or for advertising, and DriveWealth gave us no payment for the profile.

The rating equals the average of eight criteria, with every criterion running from 0 to 100. Four address buyer needs in this sector, and four address the company together with its commercial terms.

Ratings are our editorial judgment, made from public information: pricing and legal pages, product documentation, compliance disclosures, and filings. This profile had no lab tests, and no accounts were opened. Fact-checking took place on September 23, 2026.