Startups are changing the way retail and institutional investors manage wealth.
Adoption of digital tools like robo-advisors and online brokerages accelerated during the Covid-19 outbreak, when many financial institutions were forced to close their doors.
The pandemic-induced stock market crash also drove more first-time investors to trading platforms like Robinhood and Acorns — though, in recent months, the retail investment boom has slowed as pandemic restrictions have lifted and consumers feel pressure from rising inflation.
The wealth tech landscape has also shifted over the last few years as startups in the crypto investing and employee financial wellness spaces gain momentum.
Using CB Insights data, we’ve identified 110+ startups offering business-to-consumer (B2C) and business-to-business (B2B) wealth tech solutions.
We define wealth tech as a category of financial technology that is digitizing and streamlining the delivery of wealth management. This includes investment platforms for both institutional and retail investors, personal savings tools, financial software providers, and investment platforms for alternative asset classes.
Click on the image below to enlarge.
Want to see more research? Join a demo of the CB Insights platform.
If you’re already a customer, log in here.
