M1 Finance has created a no-fee investing app that offers users an automated brokerage, portfolio lines of credit and digital banking. In February, the startup reached $1 billion in assets being managed on its platform. So far in 2020, M1 Finance has added more than $650 million in customer deposits. “We’ve seen a significant uptick in new accounts, in existing accounts adding more money, and the like,” Barnes said. “We’ve grown a ton throughout all this market turmoil.”

https://www.americaninno.com/chicago/funding-chicago/m1-finance-raises-33m-as-it-continues-to-grow/