In his book “Only the paranoid survive“Semiconductor industry legend and Intel founder Andrew S. Grove gives an in-depth insight into the Strategic Inflection Point (SIP). Describing it as a critical transformation in an industry, Andrew justifies how a SIP affects a company and forces it to change in terms of process, systems, products and, sometimes, identity. The field of finance, although it remains the same in its motive for saving and searching for better ways to invest money, has come a long way. long way from banks to mutual funds, stocks and bonds. No longer rocket science, finance has been taken to new dimensions of investing and expense management, courtesy of evolution due to the strategic inflection point theory . The next chapter of finance has already started through mobile applications that allow easy investments. Knowledge of these fintech investment applications, we explore five of the new and The world’s most promising investment-oriented fintech tech companies, relying exclusively on mobile devices.

1. Inuit mint: Mint is an investment advisory and personal banking application, designed in an easy-to-access interface. It tracks your income, savings and investments and based on these, creates a budget and recommends personalized expenses. With Mint, you don’t need to worry about checking your account statements or checking pending invoices. Plus, you can find ways to keep your credit score high and consistent. This one-touch financial manager automates your expenses to your income so you can reach your financial goals in a reasonable amount of time.

two. Reservation: By bringing the investment threshold to something as small as $ 5, Stash creates a different niche for potential investors. Stash is a beginner-level investment platform promoting around 30 different investment opportunities that can be chosen from based on your preferences and goals. These investment options are selected through intensive technical and market performance reports. Plus, when you start investing through Stash, it provides you with personalized recommendations and investment opportunities for better returns. How does Stash manage to start investing with something as low as $ 5? Well, these small amounts are used to underwrite those investments in fractions.

3. Learn and Invest by Rubicoin: “Learning by doing”, when you browse the Rubicoin website, you find their motive at a glance. They have presented two applications: Learn and Invest, the end goal of which is very clear on their own behalf. Through Learn, you get access to some valuable micro lessons on investing, which are published in a common language and can be easily understood by everyone. Its goal is to create understanding of investment needs and build trust in you while investing. Learn, updated and enriched all the time, provides access to video, text, and even audio lessons on investing. Also, the blog shared by CFO Invest, on the other hand, is a stock investing interface app that helps create and manage an investment portfolio. It has partnered with some of the best brokerage agencies online and, currently available only to iOS users, Learn and Invest by Rubicoin is expected to hit the Play Store in late 2016.

Four. Acorns: By far, one of the most innovative ideas to automate your savings and take care of your change is Acorn. Acorn is a startup on Micro Investing. This idea of ​​microinvestment is not related to startups, but to a small amount of money that is being invested. To use Acorn, you must first connect all your accounts and cards to this application. Then every time you make a purchase through those accounts, the additional change you get in those expenses is invested.

5. FinoZen: FinoZen believes in a philosophy of investing in short-term liquid mutual funds than keeping your money in a savings account with lower interest rates. An Indian startup, Finozen has attracted many interns and young employees who want the ease of having funds available without sacrificing the benefit of a higher return on their investments. This fintech Android app can be used for as little as $ 2 and gets around 7-8%. FinoZen makes it easy to update investment returns daily and easy transactions from your savings account to your FinoZen account and vice versa. It is interesting how the financial advisory and investment scenario has evolved to accommodate advisory services for each pocket and purpose.

The five mobile apps mentioned above have dawned in the era of digital investing, adding mobility, convenience, and always-on customer support at almost zero price. Yes, it would be worth seeing how promising they turn out to your clients and if they could eventually replicate the human comfort factor in the world of finance.

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