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The Robinhood competitor landscape intensifies as Invstr raises $20M
One of the biggest gripes about investing apps is that they are not acting responsibly by not educating users properly and allegedly letting them fend for themselves. This can result in people losing a lot of money, as evidenced by the number of lawsuits against Robinhood.
Today, an eight-year-old company that has been focused on nothing
but financial education is now offering trading and banking services in the U.S..
Over the years, London-based Invstr has built out an educational platform with features such as an investing academy. It’s created a Fantasy Finance game, which gives users the ability to manage a virtual $1 million portfolio so they can learn more about the markets before risking their own money for real. Via social gamification, Invstr has set out to make the educational process fun.
Invstr Unveils Smarter Investment Tools Combined with Secure & Convenient Commission-Free Banking & Brokerage Services
By
Staff
25 seconds ago
Award-Winning Social Investment App Continues its Mission to Empower Retail Investors to Outperform Wall Street with Smarter Investment Tools & the Ultimate in Security and Convenience
App Has Raised Over $40mm in Funding, Including Recent Series A
NEW YORK–(BUSINESS WIRE)–#Banking–Leading social investment app Invstr sets a new standard for consumer finance apps by launching investment tools and analytics to help investors make smarter investment decisions as well as state-of-the-art commission-free banking and execution services. The new services continue to position Invstr as the true champion of retail investors, helping them to gain the confidence, knowledge and expertise needed to take on the best of Wall Street and win. Invstr demonstrates that it is possible to provide greater value to consumers than commoditized tradin