Finfree, which enables investors to carry out all investment processes related to the stock market through a single application, has more than 36 thousand users and grows 170% per month.
Finfree serves as a new generation investment platform that brings the entire investment process to mobile. Finfree, which enables investors to carry out all investment processes related to the stock market through a single application, has more than 36 thousand users and grows 170% per month. Through Finfree, a user can receive investment training for free, access all company information and rates free of charge, win money prizes without risk from competitions, follow news about his shares and track portfolio.
Provides services such as free education, free financial data, free portfolio management
Finfree, which is among the 8th term startups of the Workup Entrepreneurship Program, stands out as a full-scale investment platform that aims to democratize investment by simplifying finance. Regardless of whether they are experienced or inexperienced, users can find mobile solutions for their investment needs and have a fully digitalized lean investment platform experience. Finfree is able to achieve its goals through a single platform by offering tools that aim to accompany its users in line with their Financial Freedom goals and enable them to learn and implement investments at a professional level.
Finfree aims to cross borders by providing free training, free financial data, free portfolio management and lean access to capital markets to its users. Finfree has been built for over 1 year and the app launch took place around 4 months ago. Finfree distributes prize money to 150 users who earn the most every week from the competitions.
Finfree reached 36 thousand people organically, and now it receives about 1.5 million accesses every month
Founded by Senih Mete Dal, Adnan Can Turkay and Cem Unuvar, who had invested in the stock market for more than 6 years and understood the problems of Turkish investors 1.5 years ago, Finfree is currently operating with a team of 10 people. Finfree’s team includes a strong technical team and experienced CFA Charterholders in the finance sector.
Finfree organically reached 36 thousand people by solving the problems of investors alone. It became the most trendy application in the Google Play Store during its launch week and became one of the top 20 finance applications in the App Store, out of the list of bank applications, in an organic way. Besides the product, the Finfree team focuses on building its own community and listening to the problems experienced. Now it gets around 1.5 million accesses each month.
Since Finfree is an SAAS platform, it is an application built on the subscription system. This creates the company’s revenue model.
Goal is to introduce the new generation to the stock market
Finfree’s goal is to simplify the investment experience, introduce the new generation to the stock market and grow the Turkish Capital Market. Finfree, designed according to the needs of Turkey, wants to implement the Turkey-appropriate format of Robinhood’s innovative revolution in the USA with its lean investment experience.
Robinhood has over 13 million customers. The vision of Finfree, which aims to increase the number of investors between the ages of 18-34, which is instantly 521 thousand to over 700 thousand in a year, is to bring 1 million young investors to our country and to create a tool that will accompany the investors throughout their journey of financial freedom.
You can download Finfree from Google Play Store and App Store.
Source: Webrazzi / Translated by Irem Yildiz