Average investors boost their cash holdings
CNBC reports that 90% of ordinary investors made money in stocks as the S&P 500 hit a record high in July, citing data from our...
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Invesco acquires robo-adviser Jemstep
Jemstep, one of the first online automated investment platforms, has been acquired byInvesco. The deal illustrates the continuing trend...
Moneybox Scores $3M Seed To Make It Easy For Millennials To Save And Invest
MoneyBox, a UK startup is setting up an automated-investment mobile app has closed a $3 million seed round. Backing comes from Samos...
Snapchat wants to manage your money
After shutting down its Lens Store (a feature allowing users to buy photo filters) Snapchat continues to search for ways to monetize. The...
Snapchat Isn't the Only Startup in Fidelity's Crosshairs
Fidelity has become one of the most active investors in privately-held startups, but it looks like the investment giant is beginning to...
Stockpile rakes in $15m
Stockpile, the California-basedprovider of gift cards for company stock, has raised $15m in Series A funding. The round was led by...
Wealthfront Reduces Account Minimum to $500; Takes a Shot at Betterment's Fees
Wealthfront has lowered its minimum investment from $5,000 to $500. In the process it also picked a fight with its competitor,...
Where You Live Impacts What Stocks You Buy
Openfolio data shows that investors buy companies in sectors that dominate their region of America.
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"It's not only buy what you know, but what you know is influenced by the people you know," says Hart Lambur, co-founder of Openfolio. ...…
Automated Mutual Fund Service FundsIndia Secures $11mm in Funding
India based wealth managementstartupraised $11mm in Series C funding from Faering Capital, Foundation Capital, and Inventus Capital...
Personal Capital Tops $1 Billion in Assets
Personal Capital, the digital wealth manager, has crossed another milestone: one billion dollars in assets under management. This...
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