17 fintech businesses that could one day be worth over $1 billion
By Oscar Williams-Grut
Based: New York, United States.
What it does: Online investment advisor and platform.
Funding raised: $205 million.
Why it’s exciting: “Robo-advising” — automated investment advice — is one of the hottest areas for investors at the moment and Betterment is the market leading independent, with around $8.5 billion in assets under management. It was valued at around $700 million last year.