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Wealthfront Makes Strides to Become Digital Bank

Wealthfront Makes Strides to Become Digital Bank

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FintechNews RoundupUSA
··1 min read

Digital wealth fintech Wealthfront is taking another step towards becoming a bank with their new and improved Cash Account; the new account will let clients use the company’s platform to automatically direct deposit paychecks, make purchases, settle utility bill payments, withdraw cash from ATMs, and perform peer-to-peer fund transfers; Wealthfront CEO Andy Rachleff tells Crowdfund Insider, “These features are an important first step towards our ultimate goal — to optimize and automate your entire financial life.”; the company had one of the highest rates in the market until recently with the Fed dropping rates they were forced to bring their rate to 0.26. CrowdFund Insider

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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