Why VCs Poured $1.4B into Wealthtech

Beanstox is in one of the fastest growing segments in Fintech, “Wealthtech.” Through our automated wealth app, we aim to help many of the 100 million+ Americans who currently have no investment account. We see a very large total addressable market (“TAM”) and we are focused on serving the people who want a seriously simple and automated investment service.

According to KPMG’s Pulse of Fintech H1’21, Wealthtech is still in its infancy. Global investment into Wealthtech during the first half of 2021 has already surpassed all of 2020, with 31 deals and $1.4 billion invested.

Highlights from the report:

  • Robo-advisory is still in its infancy
  • Corporates taking action on Wealthtech
  • Consolidations among established wealth management players
  • What to watch for in H2’21

Check out page 22 of the report for info on Wealthtech and historical deal data.

On this Offering page, get info about Beanstox and how you can invest in the Beanstox business alongside Kevin O’Leary, Chairman and co-owner.

Although we are excited by the Fintech growth opportunities for Beanstox, we are also mindful of the fact that for every success story, there are many others which are not as successful.

This content was originally published in the Updates feed of the Beanstox crowdfunding campaign on StartEngine.

Be a Part of Beanstox

Join hundreds of investors who are helping make Seriously Simple Investing® a reality for millions of Americans. Invest alongside Beanstox Chairman and co-owner Kevin O’Leary today with an investment of $250 or more on StartEngine.

Subscribe to Our Blog

Share your email address with us so we can alert you when a new blog post is published. Keep an eye out for personal finance tips, invitations to live events, and more to help you build a bright financial future.

NEW 2023 - Subscribe to Our Blog - Individual article page