Betterment, the largest robo-advisor, today announced a $100 million Series E round of funding. Swedish investment company Kinnevik led the financing, which includes participation from previous investors Bessemer Venture Partners, Anthemis Group, Menlo Ventures, Globespan Capital Partners and Francisco Partners. Over the past 15 months, Betterment has grown from managing $1 billion to now nearly $4 […]

Stox, an online broker that wants to make trading stocks less complicated for new investors, raised an 8 million dollars Series A funding round led by Singulariteam. At the moment, there are some online brokers that target beginning investors, such as Robinhood, which is backed by Andreessen Horowitz, Wealthfront, Betterment etc. The differentiator fact for […]