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Part of a disruptive trend in fintech (‘ super apps ’) that originated in Asia and is subsequently gaining traction in the US , M1 Finance ’ s diverse offering covers portfolio balancing , reinvestment and spend management on one integrated platform .

“ Before M1 , people were forced to use a mix of brokers , money apps , and banks to manage all aspects of their finances . Not only is that time consuming , but it can also lead to worse financial outcomes overall ,” Brian Barnes , CEO and Founder , told us . “ We want to be the super app for money , the one app that any investor needs for all of their investing , saving , spending and borrowing .”

The company has enjoyed a highly successful 2020 , including 100 % AUM growth ($ 1bn to $ 2bn ) and a $ 45m Series C funding round . We look forward to tracking M1 ’ s progress throughout 2021 as it continues to redefine Western attitudes to mobile finance apps .

FEBRUARY 2021