DriveWealth, a global B2B Brokerage-as-a-Service platform, has partnered with the Latin American neobank Banco Ualá to launch Acciones (Stocks), a new service enabling Mexican consumers to invest in U.
S. equities, starting from just $20 MXN.
This collaboration aims to address the historically low investment penetration in Mexico, where only 4.4% of the population currently invests in any financial instrument, according to the CNBV. Investing in the U.
S. stock market has often been perceived as complex or only accessible to those with significant capital.
Naureen Hassan, Chief Executive Officer of DriveWealth, stated, “DriveWealth was built to democratize access to financial independence and expand access to financial markets through trusted, regulated brokerage infrastructure. Partnering with Ualá allows us to bring U.
S. equities to a broader population of investors in Mexico through a secure, fractional investing experience. We’re committed to working together to offer innovative investment solutions to Ualá customers, and helping make investing simple and inclusive, while maintaining the highest standards of execution, custody, and investor protection.”
By leveraging DriveWealth’s modernized fractional investing infrastructure and brokerage capabilities, Ualá users can purchase fractions of U.
S. equities from companies such as Apple, Amazon, and Tesla, rather than requiring the purchase of whole shares. This approach lowers traditional barriers to entry, allowing investors to build diversified portfolios with smaller capital amounts while still participating proportionally in potential dividend distributions.
The new Acciones (Stocks) offering is fully digital and designed for both new and experienced investors. Key features include personalized portfolio guidance based on a user’s risk profile, diversified investment packages offering U.
S. stocks and ETFs, transparency with no account opening or transaction fees, and 24/7 order placement, with trades executed when markets open.
In this partnership, DriveWealth’s U.
S.-regulated API-first brokerage infrastructure supports the execution, clearing, and custody of assets. Banco Ualá delivers the customer-facing digital platform and the personalized advisory experience within its application.
Pablo Savoldelli, Regional Director of Wealth Management at Ualá, commented, “At Ualá, we work to make access to finance easier and easier. With the launch of Acciones, we are opening the doors of the global market to millions of Mexicans who previously saw these opportunities as unattainable. Now, starting from 20 pesos and with just a couple of clicks, our clients will be able to protect their savings, obtain dividends, and participate in the growth of the world’s largest companies.”
This collaboration marks a step forward in expanding access to global capital markets for a broader population of investors and reflects DriveWealth’s focus on helping partners launch investment products that bring regulated, secure market access to new generations of investors.
