Central regions | Finance, business | Technology & innovation

Investment newbies to get help online

3 Sep '18
BKS, a Russian company, and its partners earlier this year launched Fins.money, an online service to assist inexperienced investors in managing their money in financial markets.

The service is said to be able to analyze a financial market, generate customized recommendations to the user, and look for deposit and investment offers that would suit him.

The Fins.money functionality had reportedly taken 18 months to complete and debug, and $5m in investment from its shareholders. BKS acted as an infrastructure investor for the project.

Within 12 months, Fins.money is shooting for a hefty 5% of the entire PE market in Russia, with as many as 50,000 customers. Plans are to get a client base of a million five years from now.

Fins.money is a blend of financial knowledge and technology. Unlike marketplaces, its a service first and foremost. Once an agreement is inked with us, the customer doesnt have to go or travel anywhere anymore; he will be able to open accounts and buy investment projects remotely. In addition, we are an independent team and can recommend what would really benefit people, said Vladimir Shabason, one of the projects shareholders.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content


Tags: financial market (46) / helper (1) / inexperienced investor (0) / Fins.money (0) / BKS (0) /

Latest News: Central regions
17 May '19 | Finance, business | Telecoms, media
16 May '19 | Technology & innovation | Finance, business
14 May '19 | Transport, logistics | Finance, business
13 May '19 | Technology & innovation

Feature stories

4 Apr '19
Russian scientists have come up with what they say is...
29 Jan '19
Russian biologists and biophysicists have developed...
2 Nov '18
Drawing upon in-depth interviews, the book channels...
Search (News archive - 21348)
Independent Software Developers Forum
Marchmont News

Latest News

20 May '19
An intelligent cardiovascular diseases diagnostics...
17 May '19
MTS, one of Russias main mobile operators, has...
16 May '19
The Skolkovo Foundation and AstraZeneca, an...

Most read stories from last week

20 May '19
An intelligent cardiovascular diseases diagnostics...