- Business Insider asked venture capital investors and other big investors to nominate early-stage startups in the wealth management ecosystem that they see as up-and-comers.
- Investors including DCM Ventures, Oak HC/FT, Accel, and Broadhaven Ventures pinpointed companies that have not raised beyond a Series B round of funding.
- Wealth-tech startups raised $1.2 billion in venture funding in the second quarter, according to CB Insights.
- Visit Business Insider’s homepage for more stories.
The world of wealth- and investment-technology can be a wonky, crowded space, full of entrants trying to find new solutions for old financial problems, clamoring for advisers’, clients’, and big firms’ attention.
Like other corners of the fintech market, wealth-tech startups have reported fresh infusions of capital this year even as the coronavirus pandemic has threatened financial stability around the world.
Last quarter, wealth-tech startups raised $1.2 billion in venture funding, up from $450 million during the first quarter, according