Founded by ex-Citi options brokers, and built by the co-founder of Freetrade, Investa aims to level the playing field by providing an accessible means of trading both stocks and options. After launching their first crowdfunding campaign on 25th September, they have now closed the oversubscribed round early due to demand.
The successful crowdfunding campaign closes in the wake of Ian Fuller joining the business, who aims to give investors the ability to participate in options trading by redefining the user experience and simplifying the technical journey.
Having built the UK’s first zero-commission listed options trading app for on-the-go traders, the investment will help the team to maintain its speed of development and scale marketing operations as they approach launch.
“We estimate that only 2% of UK investors have traded an option compared to 20% in the US, so there’s a clear opportunity to bridge this gap. With Investa, we are aiming to make the options market more accessible, and the incredible interest in our first crowdfunding campaign proves that there are investors out there who want what we are offering.”
Alec Beasley, Co-founder and CEO
About Investa
Investa is founded by ex-Citi Options brokers who spent their days trading options, and also where they identified various problems within the market. So, they set out to build a platform that puts the investor first. Building the platform is Ian Fuller, once CTO and co-founder of Freetrade, bringing with him a track record of building intuitive, user-friendly platforms.
Last week the UK’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the cap
This week’s UK tech funding deals include storage software business Stora, Edinburgh health tech spinout Concinnity and more. UKTN tracked £9.3m worth of
Oxford Metrics today posted a dip in sales and profits which the sensor and software maker said was “reflecting the trend of extended buying cycles.” Th
Agratas has set up its new research centre at Milton Park near Didcot in Oxfordshire. This spot is well known for scientific work and has plenty of exp