Sproutfi, a platform that allows investing in the United States, announces the acquisition of Passfolio's client portfolio in Brazil. In the coming weeks, Passfolio will transfer all users in Brazil that have investments in the U.S. market to Sproutfi, which will provide all the necessary support for these users to continue their investment journeys within the application.
With this acquisition, Passfolio's customers will be able to access Northbound Securities LLC's investment services via Sproutfi's platform and continue investing in the U.S. market safely and conveniently. The migration of investment accounts will be automatic and free of charge for users, who will enjoy the benefits of Sproutfi, such as lifetime waiver of brokerage fees, no minimum value movements and access to an active community of investors within the platform.
All stocks and ETFs will be transferred in a simple and transparent way. Assets contained in PassCard, PassEarn and Cripto products will not be migrated.
"The custodian will still be the same as before, Drivewealth LLC. New trading of these assets will now be done within our platform. With this, we are ensuring that all users keep their investment options in the US market safe and transparent," says Ruben Guerrero, CEO and co-founder of Sproutfi.
The challenge is led by a team of executives with solid experience in successful banks, startups and fintechs, such as Nubank, Goldman Sachs, Morgan Stanley, Rappi, 99 and BTG Pactual.
With the migration, the new users will have access to Sproutfi's investment platform and all its financial education content. They will also be able to access the communities, collaborative spaces for users to share information and build knowledge in a collective way. "We want to be the best investment platform in the world for Latin America. We know our users, we know how to listen. This is our biggest commitment, and this is how we build together the freedom of our clients," says Guerrero.
Sproutfi makes available a page with more information for all users
Sproutfi, a platform that allows investing in the United States, announces the acquisition of Passfolio's client portfolio in Brazil. In the coming weeks, Passfolio will transfer all users in Brazil that have investments in the U.S. market to Sproutfi, which will provide all the necessary support for these users to continue their investment journeys within the application.
With this acquisition, Passfolio's customers will be able to access Northbound Securities LLC's investment services via Sproutfi's platform and continue investing in the U.S. market safely and conveniently. The migration of investment accounts will be automatic and free of charge for users, who will enjoy the benefits of Sproutfi, such as lifetime waiver of brokerage fees, no minimum value movements and access to an active community of investors within the platform.
All stocks and ETFs will be transferred in a simple and transparent way. Assets contained in PassCard, PassEarn and Cripto products will not be migrated.
"The custodian will still be the same as before, Drivewealth LLC. New trading of these assets will now be done within our platform. With this, we are ensuring that all users keep their investment options in the US market safe and transparent," says Ruben Guerrero, CEO and co-founder of Sproutfi.
The challenge is led by a team of executives with solid experience in successful banks, startups and fintechs, such as Nubank, Goldman Sachs, Morgan Stanley, Rappi, 99 and BTG Pactual.
With the migration, the new users will have access to Sproutfi's investment platform and all its financial education content. They will also be able to access the communities, collaborative spaces for users to share information and build knowledge in a collective way. "We want to be the best investment platform in the world for Latin America. We know our users, we know how to listen. This is our biggest commitment, and this is how we build together the freedom of our clients," says Guerrero.
Sproutfi makes available a page with more information for all users
Sproutfi, a platform that allows investing in the United States, announces the acquisition of Passfolio's client portfolio in Brazil. In the coming weeks, Passfolio will transfer all users in Brazil that have investments in the U.S. market to Sproutfi, which will provide all the necessary support for these users to continue their investment journeys within the application.
With this acquisition, Passfolio's customers will be able to access Northbound Securities LLC's investment services via Sproutfi's platform and continue investing in the U.S. market safely and conveniently. The migration of investment accounts will be automatic and free of charge for users, who will enjoy the benefits of Sproutfi, such as lifetime waiver of brokerage fees, no minimum value movements and access to an active community of investors within the platform.
All stocks and ETFs will be transferred in a simple and transparent way. Assets contained in PassCard, PassEarn and Cripto products will not be migrated.
"The custodian will still be the same as before, Drivewealth LLC. New trading of these assets will now be done within our platform. With this, we are ensuring that all users keep their investment options in the US market safe and transparent," says Ruben Guerrero, CEO and co-founder of Sproutfi.
The challenge is led by a team of executives with solid experience in successful banks, startups and fintechs, such as Nubank, Goldman Sachs, Morgan Stanley, Rappi, 99 and BTG Pactual.
With the migration, the new users will have access to Sproutfi's investment platform and all its financial education content. They will also be able to access the communities, collaborative spaces for users to share information and build knowledge in a collective way. "We want to be the best investment platform in the world for Latin America. We know our users, we know how to listen. This is our biggest commitment, and this is how we build together the freedom of our clients," says Guerrero.
Sproutfi makes available a page with more information for all users
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