RQD* Clearing is a New York-based correspondent clearing firm that provides clearing, custody, and execution services for broker-dealers on a cloud-native, real-time platform. Spun out of options market maker Volant, it self-clears U.S. equities, options, and ETFs, positioning itself as a modern alternative to legacy clearing providers with direct API integration, 24x5 availability, and infrastructure built on Microsoft Azure.
Fennel is a New York-based mobile investing app that lets everyday retail investors trade commission-free stocks and ETFs while surfacing digestible ESG data and shareholder-voting information for the companies they own. Founded in 2022 by former physics PhD and dark-matter researcher Daniel Naim, Fennel positions itself as a B Corp-certified brokerage that refuses payment for order flow and does not lend out customer shares - so votes stay with the shares. For a $4.99 monthly subscription, users get 25+ financial metrics, 200+ ESG indicators, AI-powered news sentiment, and tools to follow past and upcoming shareholder ballots.
Hapi is a Peruvian-founded, YC-backed fintech that lets people across Latin America invest in U.S. stocks, ETFs and cryptocurrencies from their phones - with zero commissions, no minimums and an account you can open in about five minutes. Built to knock down the high fees and paperwork that historically kept Latin Americans out of the U.S. markets, Hapi has grown from 10,000 users in 2022 to a reported 500,000-plus clients across roughly 20 countries.
M1 is a Chicago-based personal finance platform that bundles investing, borrowing, and spending into a single app it calls 'The Finance Super App.' Built around customizable 'Pies' that let people design a portfolio of stocks and ETFs and automate contributions and rebalancing, M1 aims to give self-directed investors the kind of automated, low-cost money management once reserved for the wealthy. Founded in 2016 by Brian Barnes, the company has raised more than $300 million and surpassed $10 billion in assets under management.