Free for 90 days: Sign up now and get 90 days managed free after your first deposit. See offer details


Betterment Raises $70 Million At $800 Million Valuation

By Jayson Derrick

Betterment, an online financial advising platform, is now valued at $800 million based on its latest round of financing.

Betterment secured $70 million in funding at a time when the company’s business is booming. The last time the company raised money was in early 2016 when it was valued at $700 million and held just $4 billion in assets under management, Bloomberg said. Today the firm’s asset under management has more than doubled to nearly $10 billion.

Read the Original Article

This article originally published July 21st, 2017 on Benzinga


Search our site