Top 5 Fin Tech startups for young application-based investors

In his book “Only the paranoid survive“, semiconductor industry legend and Intel founder, Andrew C. Grove gives an in-depth look at the Strategic Inflection Point (SIP). Describing this as an important transformation in the industry, Andrew substantiates how SIP affects the company and makes it change itself in terms of process , systems, products, and sometimes identities.The financial sector, while remaining the same in terms of saving and finding better ways to invest money, has come a long way from banks to mutual funds, stocks, and bonds. , finance has moved to new dimensions of investment and cost management, thanks to the evolution due to the theory of strategic inflection points.The next chapter of finance is already open with mobile applications that allow easy investment.Analyzing these investment applications fintech, we explore the five most promising investments in the world targeted fin startups that have exclusively mobile access.

1. Inuit Mint: Mint is a personal investment advisory application developed in a user-friendly interface. It tracks your income, savings, investments and on their basis creates a budget and recommends non-standard expenses. With Mint you don’t have to worry to check your account statements and check your existing accounts. In addition, you can find ways to maintain credit score and consistency. A one-touch financial manager automates your expenses and income so you reach your financial goals in a reasonable amount of time.

2. Stash: By bringing the investment threshold to just $ 5, Stash is creating another niche for potential investors. Stash is an investment platform for beginners that promotes about 30 different investment opportunities from which to choose according to its preferences and goals. These investment options are prepared through intense reports on technical and market activities. Also, when you start investing through Stash, it provides you with individual recommendations and investment opportunities so you can make a better profit. How does Stash manage to start investing with something $ 5? Well, these small amounts are used to subscribe to these investments in shares.

3. Learn and invest from Rubicoin: “Learning by doing” When you browse the Rubicoin website, you see their motives already at the very side. They came out with two additions: Learn and Invest, whose ultimate goal is crystal clear in their very name. Through Learn you get access to several valuable micro-lessons on investing that are posted in an informal language and can be easily understood by everyone. It aims to build an understanding of your investment needs and instill confidence in you when investing. Constantly updated and enriched, Learn allows you to access video, text and even audio lessons through investment. To this can be added the blog shared by the CFO of Invest, on the other hand, it is an application for the stock interface that helps to create and manage the investment portfolio. It works with some of the best online brokerage companies and is currently only available to iOS users, Learn and Invest by Rubicoin is expected to appear in the Play Store in late 2016.

4. Acorns: Undoubtedly, one of the most innovative ideas for automating savings and taking care of change is Acorn. Acorn is a startup run by Micro Investing. This idea of ​​microinvestment is not associated with startups, but with a small amount of money invested. To use Acorn, you must first connect all of your accounts and cards to this app. Then every time you make a purchase through these accounts, and invest the extra changes you get for those costs.

5. FinoZen: FinoZen believes in a philosophy of investing in short-term liquid mutual funds than keeping money at lower interest rates by collecting a savings account. Indian startup Finazen has attracted many interns and young employees who want to have ease of cash management without trading in favor of greater returns on their investments. This app for Fintech for Android can be used for $ 2 and reaps about 7-8%. FinoZen makes it easy to daily update your return on investment and simple transactions from your savings account to your FinoZen account and vice versa. I wonder how the scenario of financial advice and investment has evolved according to the advice for any handbag and purpose.

The five mobile applications mentioned above ushered in the era of digital investment, adding to the customer mobility, comfort and always active technical support at almost zero prices. Yes, it would be worthwhile to see how promising they are for their clients and whether they will eventually be able to replicate the human comfort factor in the world of finance.