Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozy
TechCrunch
SEPTEMBER 11, 2022
I did reach out to Wealthfront for comment and a spokesperson told me: “We unfortunately can’t discuss more than what’s been shared publicly in our blog or by UBS via their press release.”. I have heard through the (very reliable) grapevine that Wealthfront’s cash account brought in over $1 billion in the month of August alone.
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