The Work Index by Flexa

DriveWealth

DriveWealth is a global B2B financial technology platform that provides Brokerage-as-a-Service, powering investing and trading experiences for various financial institutions.

7.1

/10

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Description

DriveWealth is a global financial technology platform specializing in Brokerage-as-a-Service, providing the infrastructure for banks, broker dealers, asset managers, digital wallets, and consumer brands to offer investing and trading experiences to their clients. Their API-based platform allows partners to seamlessly integrate investing into their existing services, enabling fractional share trading, "cashless" brokerage, and a range of investment products including equities, ETFs, mutual funds, fixed income, and options. DriveWealth's mission is to democratize access to financial independence by removing barriers to entry for investors, empowering them to take control of their financial futures.

DriveWealth is a technology leader, having pioneered fractional share investing and established a strong reputation for innovation. They are recognized as a top FinTech company, earning placements on lists like CNBC's "World's Top FinTech Companies" and the WealthTech 100. Their commitment to diversity and inclusion is reflected in their global team, representing 55 nationalities and 24 languages across 28 states and six major markets. DriveWealth continues to expand its reach and offerings, pushing the boundaries of financial technology and creating a more accessible and equitable investment landscape.

Flexibility

DriveWealth offers flexible work arrangements to its employees, including both fully remote and hybrid work positions depending on the role requirements. This commitment to work-life balance ensures employees have the freedom to tailor their work schedules and locations to suit their individual needs and preferences.

Hybrid
Remote

Benefits

DriveWealth provides a comprehensive benefits package that includes health and wellness plans with multiple insurance carrier options and access to HSA and FSA tax savings tools, as well as income protection like life insurance, AD&D, and short- and long-term disability. Employees also enjoy paid time off, including paid holidays and unlimited vacation time, and the option for fully remote and hybrid work positions based on role requirements. The company emphasizes professional development and offers financial support for continuing education courses, academic coursework, professional conferences, and certification programs. Finally, DriveWealth provides competitive compensation, including salary, incentive pay, and stock equity offerings.

WFA scheme

Mission

DriveWealth's mission is to empower everyone to control their financial future by providing an API-based financial services technology platform that allows their clients around the world to trade and invest from their phone. DriveWealth believes that everyone should have the ability to invest regardless of their income, which is why they pioneered fractional share investing, allowing people to invest in dollar amounts rather than share quantities. By democratizing access to financial independence, DriveWealth aims to make the benefits of portfolio diversification and long-term compounding available to everyone.

Automation
Data-driven
Disruptor
Social impact led
Tech for good

Culture

DriveWealth promotes a culture that blends the fast-paced, innovative energy of a tech startup with the stability and significance of Wall Street. This unique environment fosters a collaborative atmosphere where employees can innovate and experiment while adhering to institutional-grade execution and regulatory compliance. The company embraces diversity and inclusion, valuing the unique experiences and perspectives of its employees, creating a welcoming and inclusive work environment.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive

DE&I

DriveWealth prioritizes diversity and inclusion as essential components of its growth and success. They believe that a diverse workforce fosters a dynamic and innovative environment, and they celebrate the unique perspectives and experiences of their employees. Their culture blends the fast-paced energy of a tech startup with the stability and impact of Wall Street, creating a welcoming environment for professionals from a variety of backgrounds, including technology, finance, regulation, academia, consumer brands, and the military. DriveWealth actively seeks to attract and retain talent with diverse backgrounds and perspectives, and they provide a range of resources and support to ensure an equitable and inclusive workplace for all.

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