Betterment CEO: Fidelity and Schwab’s entering our turf is a positive
By Anthony Noto
Betterment LLC is the latest financial advice and money-planning website to pull in serious venture-capital backing.
The New York startup, known as a “robo adviser” or “robo investor,” announced today it had received its largest amount of cash to date. The $100 million comes from a venture capital set that includes Swedish investment firm Kinnevik, which led the round, as well as previous investors Bessemer Venture Partners, Menlo Ventures, Anthemis Group and Francisco Partners.Read the Original Article
This article originally published March 29th, 2016 on New York Business Journal