Wealthfront was one of the earliest and stays one of the formidable corporations within the so-called robo-advisor house — algorithmic apps that handle and optimize your financial savings and investments. Since its debut, the platform has skyrocketed in recognition, taking in additional than $200 million in enterprise capital based on Crunchbase, together with a latest $75 million spherical led by Tiger World in 2018 when the corporate had simply shy of $10 billion in property beneath administration. Since then, it’s added extra banking companies resembling high-interest checking accounts and different merchandise.
Wealthfront’s product growth mirrors the broader panorama of fintech, which has seen large development in investor enthusiasm over the previous decade. From managing pupil loans and funding merchandise, to reducing limitations to buying and selling shares, to creating new APIs to increase monetary companies throughout extra companies, fintech has been one of many hottest sectors for founders and traders.
That’s why we’re thrilled to convey Andy Rachleff, CEO and co-founder of Wealthfront, on to Further Crunch Dwell this coming August 11th at 1pm EDT / 10am PDT / 5pm GMT. Login particulars are beneath for Further Crunch members.
Earlier than he began and constructed up Wealthfront, Rachleff spent practically a decade as a basic associate at early-stage VC agency Benchmark, the place he invested in a myriad of industries.
We’re excited for him to convey each the investor and operator hats to bear on a few of the most urgent questions happening in fintech and wealth administration at this time. As banks more and more reposition themselves as digital-native, how can startups compete with such giant incumbents? Saving charges have jumped the previous few months — what does that portend for the way forward for wealth administration and banking? And can larger issues about ESG in finance change the way in which monetary apps strategy the market going ahead?
That is an open dialog, and we might be taking questions from the viewers as nicely. So come ready with some attention-grabbing ones masking the gamut of what’s happening in finance at this time.
Be a part of us August 11th — we stay up for seeing you there.