On Wednesday, February 8, Rob Cornish, a former Gemini Chief Technology Officer and co-founder of the company, presented the app and the cash. According to the business, the money would allow it to expand its employees and attract new clients.
According to a Fierce News release, today’s financial market is rich with possibilities, but navigating through them may be complex and frightening for the average customer.
The company says that by allowing clients to manage their accounts from a single platform, customer friction is eliminated. With Fierce, you may create a bank account, buy stock and ETF shares, and eventually engage in regulated cryptocurrency trading.
The app, which is currently available for iOS and will be available for Android later this year, also includes a news feed where users can keep up with developments on their portfolios and hobbies. Fierce may also be used to connect all of a user’s existing financial accounts in order to track their wealth.
According to studies, a super app is in high demand, particularly among younger users. According to the study “Super Apps For the Super Connected,” many activities are currently carried out online.
Over 70% of the more than 9,900 respondents polled in the report’s study said they frequently buy food online. 38% of consumers use digital ways to purchase local transportation, while 48% gather health data.
