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Douugh granted US licence for wealth arm 01 April 2021 Armed with a licence from the SEC, the Aussie neobank is set to roll out its wealth offering, with plans to snatch some of the investment platform market share from rivals such as Stash and Acorns. The Registered Investment Advisor (RIA) licence from the US Securities and Exchange Commission (SEC) will enable Douugh’s wealth business to offer services through its “Wealth Jars” range, including robo-advice and trading. Douugh reported it is on track to launch its wealth solution in the next couple of months, following the recent roll-outs of Autopilot, an automated money management feature and instant virtual card provisioning with Mastercard. ....