4 years ago

Invstr Raises $20M to Challenge Robinhood with Social Investing App

  • London-based social investment app Invstr has raised $20 million in Series A funding

  • The app, which competes with Robinhood, offers commission-free stock trading, educational resources, and advanced analytics

  • The funding will be used to launch new brokerage and analytics tools and a portfolio builder.

      • ProblemFinancial Services

      "Investing is complex and intimidating for many people, especially those new to the market. Existing platforms often lack educational resources and focus on trading rather than long-term investing."

      Solution

      "Invstr provides a social investment app that combines education, analytics, and commission-free trading. It offers a gamified learning experience through Fantasy Finance, helps users understand their investing style, and provides tools to build and manage portfolios. Invstr also offers secure digital banking and a community platform for sharing ideas and strategies."

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