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M1 Finance raises $75m in Series D funding

Chicago based platform for people to manage their money and investments raised $75m in Series D funding led by Coatue.

“This is the vision of what I wanted my personal finance account to look like,” M1 Finance founder and CEO Brian Barnes told Crunchbase News. “I began investing at a young age, but if you look at finance management nothing happens on one platform. That is what we built. I can manage my checking account, but then sweep that into investments that I selected. If I need to borrow money, I can tap into the lowest interest rates.”

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wealth management