DriveWealth Partners with Bits of Stock to Power the Ownership Economy for Millennials and Gen Z – PRNewswire
JERSEY Metropolis, N.J., Nov. 22, 2021 /PRNewswire/ — DriveWealth, LLC, a pioneer in fractional investing and embedded finance, right now introduced a companionship with Bits of Inventory, the Inventory Rewards App. Bits of Inventory is constructing the possession financial system to type The biggest method forward for stock possession, wealth period, and mannequin loyalty for youthful durations.
“Serving to our companions develop the devices They Want to assist their consumers entry the markets and construct prolonged-time period wealth is a core factor of our mission right here at DriveWealth,” said Bob Cortright, founder and CEO of DriveWealth. “Bits of Inventory is offering first-time buyers with An partaking expertise That permits them To merely start investing Inside the fashions they assist, wright hereas additionally creating The expertise They need to take administration of their monetary futures.”
Bits of Inventory is pioneering A primary-in-class cardless Inventory Rewards program that rewards buyers with fractional shares of stock on on A daily basis purchases with the fashions they love And want to personal. This method merely requires buyers to hyperlink their Checking account to the Inventory Rewards app and earn limitless Inventory Rewards from nationally acknowledged collaborating retailers like 5 Guys, Zara, Popeyes, Arhaus, Crocs, L’Occitane, Levi’s, QDOBA, and Zulily, amongst others, As quickly as they store in-retailer or on-line.
For event, buyers can earn 5% in Popeyes stock Each time they eat at Popeyes anywright here in America. In consequence, collaborating retailers are constructing prolonged-time period buyer loyalty and even growing their common order worth and buyer frequency by over 20% throughout the board.
The Bits of Inventory and DriveWealth companionship underscores The corporations’ shared imaginative and prescient to democratize entry to the U.S. equities market by Making a future wright here finance is mobile, transactional, fractional, and entryible to all buyers, Regardless of their age or diploma Of mointernetary expertise. Each plattypes can open the door to finance, wealth constructing, and investing to hundreds of hundreds of consumers Across the globe by breaking dpersonal The conventional obstacles to entry to an enterprise that earlier thanhand catered to extreme-internet-worth people.
“Bits of Inventory and DriveWealth have On A daily basis shared a imaginative and prescient for democratizing entry to the U.S. equities market by way of fractional shares,” said Arash Asady, CEO of Bits of Inventory. “We’re excited to pioneer Inventory Rewards with DriveWealth And convey our shared imaginative and prescient to market.”
DriveWealth, the pioneer of fractional equities buying and promoting and embedded investing, is a imaginative and prescientary know-how agency that empowers Greater than 100 companions Across the globe …….