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- Atomic Partners with M1 Finance to Enable Seamless Payroll Investment Automation
Atomic Partners with M1 Finance to Enable Seamless Payroll Investment Automation
Slice of Finance Team
29 Oct
Key Highlights:
M1 Finance integrates Atomic’s Deposit solution to automate payroll deposits into investment and cash accounts.
Direct Deposit Switching (DDS) now available, offering direct allocation of funds to investment portfolios.
Total control and automation align with M1’s mission of simplified wealth building.
Customizable portfolios and auto-invest features enhance user control and consistent portfolio growth.
Source: Business Wire
Notable Quotes:
"Our partnership with Atomic marks a significant advancement in our efforts to provide comprehensive tools and features for our clients to more efficiently manage their wealth on our platform."
"This collaboration is about making consistent investing seamless and intuitive."
Our Take:
The integration of Atomic’s Deposit solution into M1 Finance’s Invest and Earn products positions M1 as a more robust, tech-driven wealth management platform. By enabling automated payroll deposits, M1 is enhancing its platform's functionality, catering to those seeking streamlined financial management. The partnership highlights the growing demand for customized financial services with an emphasis on automation, offering users a pathway to build wealth consistently and effortlessly. With this step, M1 continues to lead in the personal finance space, leveraging tech partnerships to provide sophisticated tools with simplicity at the core.