Topic

Embedded brokerage

Arrangements in which consumer investing apps offer trading through a regulated partner broker that handles execution, custody and clearing.

Current clusters

invest2 publishers

DriveWealth's September intrusion exposes customer data at Stake in Australia and Hatch in New Zealand

DriveWealth's systems were accessed on 4 and 5 September, exposing contact details and account balances of Stake and Hatch customers, the brokers say. Stake says DriveWealth serves several Australian platforms, so one intrusion reaches customers of competing apps.

Publishers:hellostake.comhelp.hatchinvest.nz

Reality

Evidence55
Adoption: Insufficient
Hype gap+10
Incentives65
Confidence55