Our mission is to democratise access to financial information and promote financial education. The financial world is changing. Money matters to all of us and yet the financial industry has yet to experience the social revolution that has fundamentally transformed the way we live other aspects of our lives. We have all become better informed. We like to share our experiences and learn from others. We like to feel empowered to make informed decisions for ourselves. These experiences have taught us to be more independent and social at the same time. Within the financial industry this is being reflected in an unstoppable trend towards self-directed investing. The experience of the financial crisis has also made us more suspicious of allowing other people to manage our money: 83% of people in the UK trust either themselves or no one to manage their money!
invstr is the first app to deliver market data and news that was previously only available to users of expensive subscription terminals directly to mobile devices. Launched globally on iOS8 and Android in December 2014, invstr, allows financial professionals and independent investors expansive, on-demand access in one app to live market data, news from leading financial outlets and sophisticated research reports – as well as a transformational crowdsourced predictive marketplace that helps investors gauge market convictions in real time.
The app provides:
- Live on-demand market data on 70,000 individual stocks, bonds, currencies and commodities, as well as millions of delayed priced instruments from markets around the world
- Completely free financial news database that enables users to search and read articles in Dow Jones News, including the Wall Street Journal & Barrons, The Financial Times and other leading outlets
- Research reports on more than 60,000 listed companies available on-demand
- Market predictions on individual stocks, bonds, currencies and commodities from other users through a unique crowdsourcing function
- Social networking and encrypted messaging functionalities that allow users to share information and chat
The app is designed to demystify the financial markets. We use gamification to create a fun learning experience and we provide access to all the resources that people might need to understand the financial markets. By making it a social experience, we also provide invstr members with the ability to learn and share insights with each other. Users can play, learn and share their views by making predictions on the invstr game, keeping up to date with market data and news, and joining topic discussions in our social network that is open to professionals, independent investors and students.
The invstr app is free to download, though users are able to pay for premium content and game enhancements. Accessing a research report costs between $0.99 and $4.99. Market commentaries are 5 cents each. Real-time data on stocks or bonds are 1 cent, per security, per day. For the first time, the most casual investor, student or the financially motivated can access financial information on an affordable per need basis.