Wealthfront files for IPO, joining wave of fintechs going public

WittedAutomatic investment, which applied to the first proposal of the US in the wave of fintech companies that have been opened to the public this year, helps to popularize the robo-supply style of the US. Bell And Klarna.

Company In June He was secretly filed for a public offering, but so far he waited to make it open to the public. Wealthfront points out that he plans to start a guidance to provide shares to investors; A public offering usually follows weeks after the S-1 file is explained to the public.

According to the file, Wealthfront, led by CEO David Fortunato, had $ 88.2 billion on the platform and served 1.3 million customers as of July 31. In 2025 financial years per filing, it generated a net revenue of 194.4 million dollars.

“Our customers are primarily high winners who give priority to savings and reserve accumulation.” He said. “Digital natives typically have large liquid savings with long -term horizons and are not affected by corrections and bear markets.”

Founded in 2008, the company made a long and divine journey to public markets.

In addition to competing improvement, Wealthfront helped to identify the Robo-TATLİL category that uses algorithms to automate investment decisions for customers.

Over the years, including large banks Morgan Stanley And Bank of America He introduced his own Robo offers to complete the large armies of human financial advisors.

Zurich -based Global Bank UBS in 2022 in question Wealthhfront was buying $ 1.4 billion in cash, but the agreement collapsed as the suspicion suddenly returned to Fintech companies.

It took over the years for the market to recover and the years it provided a rebound on the lists this year.

According to the file, Wealthfront employed 359 people as of July 31.

– Jordan Nove from CNBC contributed to this report.