App/Tech of the week – Simply Wall St

31/07/2015 - 14:20

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LIGHTBULB: Founders Al Bentley (left) and Nick van den Berg came up with the idea for Simply Wall St at a Perth startup weekend three years ago.

What? ~               Stock investing made simple. The web service uses unique ‘snowflake’ visualisations to show the health, income, value, past and future performance in one infographic. More than 9,000 visual reports are updated daily from publicly listed companies on the NYSE, Nasdaq, LSE and ASX.

Where ? ~           The service can be accessed at www.simplywallst.com

Who ? ~               Cofounders Al Bentley and Nick van den Berg, plus Jabin Bastian (CTO). The idea came from a startup weekend in Perth almost three years ago.

Quotations ~     We wanted to make the process of finding high quality stocks to invest in much more simple, enjoyable and intuitive - Nick van den Berg

$ ~          The company is raising funds privately, and has already raised $100,000 as part of the Sydney-based AWI Ventures financial tech accelerator. It was recently selected for the UKTI trade mission to Fintech week in London in September.

News ~ The company is looking for ‘positional partners’ in Australia, the UK and US. An addressable market of 41 million people exists in the main launch countries. The main priorities are app monetisation and expansion to other (possibly Asian) exchanges.

Simply Wall St was launched in July 2014 and is currently ranked #34  by launch date on the BNiQ Startups List: http://www.businessnews.com.au/list/startups

https://www.businessnews.com.au/Company/Simply-Wall-St

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