The free invstr iPhone app launches in the United States, democratizing access to financial information by providing in-depth financial news, market price predictions, real-time market data and sophisticated research reports that until now were only available to users of expensive subscription tools.
In recognition of invstr’s unique combination of technology and information, Sir Richard Branson and other prominent judges recognized invstr as a finalist for the 2015 Talent Unleashed Awards.
The free invstr app provides:
- Live, on-demand market data on 70,000 individual stocks, bonds, currencies and commodities from around the world and delayed data on four million more
- An expansive financial news database that enables users to search articles in Dow Jones News, including the Wall Street Journal, The Financial Times and other leading financial news outlets free
- On-demand research reports on more than 60,000 listed companies
- Real-time crowdsourced market predictions on the pricing of individual stocks, bonds, currencies and commodities to help users make real money
- Social networking and messaging functionalities that allow users to share information and chat
An Android version of invstr is in development and will be released in Google Play and the Amazon Appstore in the coming days. In addition to the iPhone and Android apps, invstr plans to announce support for the BlackBerry 10 operating system in early 2015.
invstr’s distinctive market prediction tool is constantly updated as users share their predictions on the prices of individual stocks and other financial instruments. This crowdsourced, real-time marketplace provides a unique way for both professional financiers and independent investors to keep track of shifting attitudes as they weigh the strength of market convictions when making investment decisions.
"I spent 30 years using an expensive Bloomberg Terminal and I wanted to take all the functionalities that I cared about and put them in my pocket,” said Kerim Derhalli, CEO of invstr. “So we developed invstr to give even the most casual investors access to sophisticated market data, news and analysis right on their phone.”
Derhalli has a thirty-year track record of building, growing and managing multi-billion dollar businesses with senior roles in leading financial institutions around the world. Immediately prior to founding invstr, Derhalli was Global Head of Equity Trading at Deutsche Bank.
invstr users have free access to news and search capabilities across The Wall Street Journal, Dow Jones, The Financial Times, Alliance News and noodls (Financial times stories are available in summary form only).
Market data on invstr is available in real-time for stocks, bonds, currencies, commodities, and interest rates from the United States, Australia, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Netherlands, Norway, Portugal, Spain, the United Kingdom and Switzerland at a cost of a penny per day for each. Research reports, generally only available to professional investors, are also available through invstr.
A beta version of invstr has been available in Europe since August. The company is based in London.