M1 | Latest News & Updates - Oct 26, 2024 Release

M1 announced a new partnership on October 25...


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M1

🌎 m1.com

M1 is a fast-growing fintech company and personal finance platform based in Chicago, Illinois. It offers a comprehensive suite of financial services including high-yield savings accounts, automated investing, personal loans, and margin lending. With a mission to empower personal financial well-being, M1 has gained recognition for its innovative tools that help clients manage their money and grow their wealth. The company has become a fintech unicorn with a valuation of $1.45 billion and has received numerous accolades for its services and workplace culture.


M1 - Latest News and Updates

  • M1 announced a new partnership on October 25.
  • M1 announced a partnership with Atomic to simplify automating finances by directing payroll deposits to Invest and Earn accounts.
  • M1 recently laid off several employees, including Frank Edwards, the Product Design Lead.
  • M1 offers a unique investment approach with customizable 'pie' portfolios and automated dynamic rebalancing, but lacks options trading, mutual funds, and has restricted trading windows.
  • M1 recently conducted layoffs affecting employees including Izabela Stamatova, Sr. Test Engineer.

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