The latest tech news in wealth management across North America.

Digital trading technology firm DriveWealth has partnered with Avenue Securities, a business founded earlier in 2018 by Brazilian entrepreneur Roberto Lee to serve retail investors in Brazil.  

The DriveWealth platform gives Brazilian investors fast access to the US equity markets, the firm said in a statement. 

“Our mission is to bring US equities - the world’s largest stock market - to Brazilian investors, regardless of size, and eliminate the bureaucracy that traditionally has hampered access to this market.

DriveWealth’s real-time fractional share trading capability will allow our customers to own stock in the brands they know and use every day,” Roberto Lee, founder and CEO of Avenue Securities, said. 

Based in Miami, Avenue caters for Latino (and mostly Brazilian) retail investors interested in securities traded on US exchanges. Lee spent a year building a digital infrastructure for the business.

DriveWealth, meanwhile, has customers and partners in more than 140 countries. It launched its real-time fractional share trading capabilities in 2016.