171 place 24

321 Betterment Raises $60M for its Digital Investment Platform for Employeers, Customers, and Advisors

AlleyWatch
AlleyWatch @ AlleyWatch 2 place · 10/11/2021 11:27 EDT

Betterment Raises $60M for its Digital Investment Platform for Employeers, Customers, and Advisors

Robo-advisory investment firms nearly control just shy of a $500B as of 2020. With millennials and Gen Z building significant investable assets, the assets under management are expected to triple by 2025. Betterment is a digital investment adviser that offers its advisory and management services catered towards three segments – retail investors, businesses through 401Ks, and financial advisors. Using algorithms that match appropriate investments to a customer’s short-term and long-term financial needs, th

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