invest.com News
2 articles
growth-positive
Online investment co invest.com raises $20m
Online alternative investment startup invest.com has raised $20 million in a financing round from global investors, including Moshe Hogegs Singulariteam. The company has also launched a hedge fund for the people, aiming to challenge the elitist alternative investments industry. The fund will initially operate in the UK, with investments starting from £500. invest.com plans to expand to other countries and launch new alternative investment products by the end of 2017.
InvestmentExpand
Growth-Positive
Invest.com rejoins the fight for online traders
Invest.com, which was bought for $5m in 2014, is relaunching as an alternative investment and trading site. The domain name was bought by Israeli venture capital firm Singulariteam, which has since brought in additional backers including Renren, the Chinese social network, to invest a total of $20m in the new platform. The site is designed to compete with the growing number of robo-advisers now offering lower-cost investment help. The company is based in Cyprus, but is preparing to use the EU’s passporting rules to expand into Germany, Italy and further afield.
InvestmentExpand
