DriveWealth is a leading Brokerage-as-a-Service provider for the world’s largest fintechs, powering banks from Latin America to South Korea.
DriveWealth is a global B2B fintech platform delivering Brokerage-as-a-Service to digital wallets, broker-dealers, and consumer brands. Through APIs, DriveWealth enables everything from traditional investing to innovative features like rounding up purchases into fractional share ownerships.
Powering the world’s leading fintech brands, DriveWealth is one of the largest Brokerage-as-a-Service firms, powering seamless trading experiences across multiple asset classes. As a pioneer in embedded finance, DriveWealth supports leading global platforms including Revolut, BTG Pactual, and Toss. With a developer-first approach and white-glove partner service, DriveWealth is redefining access to U.S. capital markets for the next generation of investors globally.
THE CHALLENGE
DriveWealth faced structural barriers to scaling fixed income such as high bond minimums and narrow liquidity.
DriveWealth faced structural barriers to scaling fixed income access, including high minimums on emerging market (EM) bonds, no ability to stream partner inventory to retail, and limited execution quality due to a narrow liquidity network. Building the infrastructure to address these gaps in-house would have drawn resources away from other key priorities.
THE SOLUTION
Moment is lowering bond minimums, streaming inventory to retail, and improving execution for DriveWealth.
By leveraging Moment, DriveWealth has taken steps to reduce EM bond minimums from $250k+ to <$1k, stream proprietary inventory to retail clients, and improve execution quality. This unlocks new distribution models, enhances economics, and positions DriveWealth to lead in embedded fixed income globally.
Moment has helped transform the fixed income experience for DriveWealth in 3 key ways:
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Bringing minimums down for EM bonds from ~$250k to $1k
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Enabling DriveWealth partners to stream their own inventory to end retail clients
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Achieving improved execution quality for DriveWealth clients
USE CASE
Bringing minimums down.
DriveWealth’s Challenge: Minimums of ~$250k on EM bonds have historically shut retail investors out of U.S. fixed income markets.
Retail investors have long been locked out of fixed income markets, especially emerging market (EM) bonds, due to prohibitively high investment minimums and fragmented access. While many bonds carry a $1k par value, actual minimums often start at $10k, $100k, or even $250k for Regulation S bonds, which are commonly used by international issuers. These thresholds make fixed income inaccessible to most individual investors, cutting them off from a critical asset class for income and diversification. Simultaneously, limited transparency and disjointed liquidity have made the market even harder to navigate without robust, retail-friendly infrastructure.
Moment’s Solution: Moment reduces minimums on EM bonds by over 200x, from $250k to $1k.
Moment dramatically reduced minimums on EM bonds by leveraging its deep dealer network to access institutional inventory in retail-friendly sizes. Dealers on Moment-powered platforms quote smaller lots and more competitive pricing. Together, the firms will soon pilot less-than-minimum U.S. Treasury trading, securing quotes as low as $100.
USE CASE
Enabling DriveWealth partners to stream their own inventory to retail investors.
DriveWealth’s Challenge: DriveWealth’s partners had institutional service offerings with inventory they were unable to extend to their own retail users.
Many of DriveWealth’s partners have institutional service offerings and fixed income inventory, particularly in local or emerging markets where they have pricing expertise. However, these firms have historically been unable to extend that inventory to their own retail users due to infrastructure constraints, missing the opportunity to deliver differentiated, high-quality liquidity across multiple arms of their business.
Moment’s Solution: Moment will allow DriveWealth clients to seamlessly stream their proprietary bond inventory directly to end investors.
By integrating with Moment, firms will be able to leverage their regional pricing power and market insight to deliver better-priced, differentiated fixed income offerings to their retail users, all within a compliant, scalable, and automated framework. This functionality will be launched soon with some of DriveWealth’s largest correspondents.
USE CASE
Improving execution quality.
DriveWealth’s Challenge: DriveWealth was connected to a narrow set of liquidity providers, limiting competition among market makers.
Prior to integrating with Moment, DriveWealth’s access to fixed income liquidity providers was limited – building and maintaining integrations across multiple venues proved too resource-intensive. The limited connectivity resulted in missed trading opportunities for its end users.
Moment’s Solution: DriveWealth is able to achieve significant cost savings and accesses liquidity for 21.8% of trades that would have otherwise gone unfilled with Moment.
By expanding DriveWealth’s access to a broader dealer network, Moment unlocks liquidity and improves execution quality. Its Smart Order Router automatically routes trades to the best price, resulting in notable cost savings and access to liquidity for 21.8% of otherwise unfilled orders. As regulatory pressure around best execution grows, Moment’s built-in compliance and reporting tools offer a seamless solution.
The Partnership
Moment as a best-in-class, technology-first partner allows DriveWealth clients to unlock new revenue generating opportunities, from streaming liquidity to brand-new portfolio management capabilities.
“We’re proud to partner with DriveWealth to expand access to fixed-income markets,” said Dylan Parker, CEO of Moment. “Moment’s platform simplifies bond liquidity access, operating collaboratively to support DriveWealth’s efforts to break down traditional barriers and help investors to engage more easily with this previously underserved market.”
Moment will soon explore powering portfolio optimization for DriveWealth advisory correspondents as well through Moment’s first-of-its-kind fully-integrated portfolio management system. This solution will allow advisors to search for and filter bonds based on live inventory, run risk checks pre-trade, preview how selected bonds will affect a portfolio holding, and download reports. This platform integrates seamlessly with Moment’s other platforms, including the Order and Execution Management System.