Simple Invest start-up aided by with QIWI Venture launches a mobile application to manage private investments

The Russian Robinhood application provides users with ample opportunities to manage real — time investments with the help of mobile devices and facilities optimal money distribution depending on the market situation, and this means controlling the value of the investment portfolio and monitoring the profits from investments in certain securities.

Russian Robinhood allows you to invest in companies that have placed securities on the Moscow Stock Exchange and US stock exchanges NASDAQ and NYSE (New York). The minimum investment amount for the application Russian Robinhood is $ 10 (600 RUB). There are not any fees for account maintenance and other services — only for the transaction.

The interface of the application is simple — it lacks complex graphs and professional terms, which makes it understandable to both advanced investors and newcomers.

Furthermore, users will be able to exchange currency at an exchange rate of $ 1, unlike most brokers who offer to change amounts that are multiples of $ 1000.

When the application was being developed, special attention was paid to security and information security. To confirm a purchase or sale of securities is possible only with two — factor SMS authorization which acts as an additional protection of the account, the access to which is granted only after the user has scanned their passport and completed the questionnaire.

Olga Turzhanskaya, the CEO of QIWI Venture, the venture arm of QIWI Group: "From the perspective of the investor and strategic partner of the Simple Invest project, we are satisfied with the work of the team. In just a few months that they had within the GenerationS program, and for a minimum budget they managed to turn the working prototype (a mobile game to trade InvestBattle stock) into a quality product that solves the real problem of users — protects savings from inflation and allows you to receive income superior to a bank deposit with minimal time expenditures. Currently, the project team is focused on conveying the correct value of the product to the end user, and this initiative QIWI Venture will certainly support with its resources. Together with the Russian Robinhood we are launching a pilot project, the results of which will be described in detail in about a month."

Simple Invest is a member of Finance&Banking Technologies area of GenerationS accelerator, organized by RVC. The acceleration program was developed and overseen by experts of RIS Ventures, the market leader in consulting services and advanced technological business solutions.

DOWNLOAD APPLICATION:

• IOS
• Google
• The website of Simple Invest project