The 'Huddl' Investment Marketplace Lets Users Invest Together
Michael Hemsworth — April 16, 2019 — Tech
The 'Huddl' investment marketplace is a collaborative approach to investing that will provide consumers with a different way to invest their money. The platform works by letting investors pool their money together, which could open up a whole new swath of investment opportunities that have previously only been available to the wealthy. Founded by former MasterCard and Blackrock executives, the platform takes a different approach to finances that is perfect for friends and family to utilize in a collaborative manner.
The 'Huddl' investment marketplace will allow users to get started with just $5 and speaks to the rise in consumers who are looking for alternative ways to invest their money that is more hands-on instead of bank-focused. The platform could also save investors up to 60% on fees for increased cost savings.
The 'Huddl' investment marketplace will allow users to get started with just $5 and speaks to the rise in consumers who are looking for alternative ways to invest their money that is more hands-on instead of bank-focused. The platform could also save investors up to 60% on fees for increased cost savings.
Trend Themes
1. Collaborative Investing - Investment platforms that allow users to pool their money together offer a collaborative approach to investing.
2. Alternative Investment Options - Consumers are increasingly seeking alternative ways to invest their money, driving the popularity of platforms like 'Huddl'.
3. Cost-saving Investments - Investment platforms like 'Huddl' can help users save up to 60% on fees, making it an attractive option for cost-conscious investors.
Industry Implications
1. Financial Technology (fintech) - Fintech companies specializing in investment platforms are at the forefront of collaborative investing trends.
2. Personal Finance - The rise of alternative investment options is impacting the personal finance industry as consumers seek more hands-on approaches.
3. Wealth Management - The 'Huddl' investment marketplace offers disruptive innovation by bringing wealth management opportunities to a wider audience.
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