The Fintech Index
20 reviews 5 categories 1 research report Updated 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.

Headquarters
New York, New York
Founded
2012
Ownership
Private

Best 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.

Not ideal for

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

Verdict

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 Pricing is unpublished, the business is organized around partners and leaves advisors outside that setup, and DriveWealth's own trade-volume figures start at 3.1 million a day and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.

Score breakdown

How DriveWealth is scored on criteria buyers in this category care about.

Buyer outcomes

Assets and account types8.0

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 tools7.0

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 data8.2

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 operations8.2

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.

Company and commercial

Product depth and roadmap8.2

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

Onboarding and support7.8

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

Pricing transparency4.8

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

Contract terms6.0

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

The field at a glance

Placement of DriveWealth by Overall Score among Wealth & brokerage platforms companies reviewed by us.

Use-case fit

Use caseFitNotes
US investing added to a non-US appStrongPartners across 30+ countries, with an EU licence via Lithuania.
Micro and fractional investingStrongOrders from $0.01, precise to eight decimal places.
Round-up and rewards programsStrongThe platform includes stock rewards and round-up investing.
Operating an advisory practicePoorAdvisor portfolio and billing tools are not offered.

Who it's for

Good fit

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

Poor fit

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

Key facts

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

Sources

  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)

Methodology

This page sets out an independent evaluation of DriveWealth for companies choosing a provider in Wealth & brokerage platforms. The Fintech Index accepts no payment for placement, sponsorship or advertising, and DriveWealth paid nothing for this review.

The Overall Score averages eight criteria, each given a score from 0 to 10. Four measure outcomes that matter to buyers in this category, and four address the company, including its commercial terms.

Scores are our editorial reading of public information: filings, compliance disclosures, product documentation, and pricing and legal pages. Lab tests were not run and accounts were not opened for this review. We checked the facts on September 23, 2026.