Recent events
Recent events tied to this brand in public sources.
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2022
Betterment announced a student loan management service
Betterment announced a student loan management service within Betterment at Work, offering employers tools to provide loan repayment recommendations and employer matching services as an employee benefit. The service is provided through a partnership with Spinwheel.
2022
Betterment announced its acquisition of Gradvisor
Betterment announced that it would acquire Gradvisor, a provider of personalized college savings plans. Betterment said the acquisition would be used to include 529 plans in Betterment at Work; the deal terms were not disclosed.
2022
Betterment announces agreement to acquire Makara
Betterment announced an agreement to acquire Makara, a cryptocurrency portfolio manager. The acquisition was expected to close later in the quarter, subject to customary closing conditions.
2021
Betterment raises growth capital
Betterment reported raising $160 million in growth capital, consisting of a $60 million Series F equity round and a $100 million credit facility.
2021
Betterment acquires Wealthsimple's U.S. investment advisory business
Betterment acquired Wealthsimple's U.S. book of business. Wealthsimple planned to transfer existing U.S.-based customers to Betterment in the coming months; the deal excludes Wealthsimple's technology, employees, and operations.
2021
Betterment announces acquisition of Wealthsimple’s U.S. business
Betterment announced that it acquired Wealthsimple’s U.S. book of business, including U.S.-based customers and account assets; the deal excludes Wealthsimple’s technology, employees and operations.
2020
Betterment appoints Sarah Kirshbaum Levy as CEO
Betterment announced that Sarah Kirshbaum Levy would become its new Chief Executive Officer; founder and former CEO Jon Stein would remain Chairman of the Board.
2020
Betterment and Sure partner to offer cell phone insurance
Betterment and insurance technology company Sure announced a partnership to provide cell phone insurance to eligible Betterment Checking users who pay their monthly phone bill with a Betterment Visa debit card.
2020
Betterment opens checking account to the public
Betterment opened its Betterment Checking account to the general public on April 21, 2020.