NewTech Friday: Qure.Finance – Teaching to invest like the best
Qure.Finance is helping the next generation of traders build life-changing wealth. CPO and Co-Founder Stan Hoody tells us about the company.
Qure.Finance is helping the next generation of traders build life-changing wealth. CPO and Co-Founder Stan Hoody tells us about the company.
What led to the creation of Qure.Finance?
Years ago, as young entrepreneurs and aspiring investors, myself and my co-founders found ourselves up against the complex systems and jargon that characterizes mainstream finance and Wall Street.
We realized that we were not alone and that the newest generation of investors – Gen Z – were also frustrated by an outdated system that is out of touch with their needs. So, we set out to create an accessible platform for young investors that would engage them in a style they are familiar with.
Fusing social media style communication, a modern design and simplified educational elements, Qure is an easy-to-use interface that allows young investors to post and read financial insights from other users, using them to inform and action an effective investment strategy.
Could you present Qure.Finance’s offer?
Qure.Finance is a revolutionary investment platform offering social-media style trading insights from global finfluencers to young investors.
We are working to set the newest generation of investors (Gen Z) up for financial success, by helping them overcome the traditional barriers associated with accessing financial services.
Qure’s platform provides digestible and easily actionable financial advice from thousands of finfluencers, together with a user-friendly interface, to help support and inform users’ investment strategies. Finfluencers are ranked on their performance by a transparent algorithm, with a 5-star rating system making it easy for users to quickly identify the most reliable insights and for 5-star rated finfluencers to monetize their recommendations via a subscription model.
We also offer paper trading through our iOS app, enabling our users to practice trading approximately 10,000 securities, including US stocks, ETFs, and cryptocurrencies, without risking their money or having to pay fees.
What’s coming next for Qure.Finance?
In line with our ambition to become the leading investment platform for Gen Z investors, we have a number of exciting developments in the pipeline. While it is too early to share concrete details on these just yet, I can say that we are working hard to expand our offering and integrate new services that will make it even easier for young people to access sound financial advice and get started on their investment journeys.
In the immediate term, we are working on building out our community – one in which every user can share their insights and become a finfluencer – to help make investing accessible to as many people as we can and enable more people to achieve their financial goals.
Leverage community expertise to redefine finance
Our communities cover diverse topics such as digital transformation, SME finance, or Embedded insurance, providing a platform to learn from industry experts and peers.