Founded by ex-Citi options brokers, and built by the co-founder of Freetrade, Investa aims to level the playing field by providing an accessible means of trading both stocks and options. After launching their first crowdfunding campaign on 25th September, they have now closed the oversubscribed round early due to demand.
The successful crowdfunding campaign closes in the wake of Ian Fuller joining the business, who aims to give investors the ability to participate in options trading by redefining the user experience and simplifying the technical journey.
Having built the UK’s first zero-commission listed options trading app for on-the-go traders, the investment will help the team to maintain its speed of development and scale marketing operations as they approach launch.
Alec Beasley, Co-founder and CEO, comments: “We estimate that only 2% of UK investors have traded an option compared to 20% in the US, so there’s a clear opportunity to bridge this gap. With Investa, we are aiming to make the options market more accessible, and the incredible interest in our first crowdfunding campaign proves that there are investors out there who want what we are offering.”
Read the orginal article: https://ffnews.com/newsarticle/stocks-and-options-trading-app-investa-raises-700k-in-their-first-crowdfunding-campaign/
