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Plynk® Introduces Simulated Trading and Steady Start to Inspire New Investors
Plynk®, the app designed to simplify the investing process and empower users to grow their financial confidence, is now making its investing experience even more approachable with the introduction of Simulated Trading and Steady Start. These new features provide a first of its kind path for new investors to learn, practice, and develop solid investing habits. Brokerage accounts and related information and services are provided by Digital Brokerage Services LLC (DBS), member of FINRA and SIPC, 499 Washington Boulevard, Jersey City, NJ 07310.
“We know that getting started in investing can be intimidating, which is why our mission has always been to make it easy. With Simulated Trading we’re giving people a way to ‘try before you buy’ and with Steady Start we’re offering a simple, gradual way to build a habit,” said Jared Hubbard, Product Manager, the Plynk app. “Making an impact on your financial future is not always about drastic changes. These features are all about helping investors feel confident from day one and build positive, consistent habits.”
Simulated Trading is a virtual trading experience that mimics the real stock market. It allows users to practice buying and selling with $100,000 available in virtual funds. The portfolio performance mirrors real market conditions, giving users a space to build confidence, test strategies, and develop decision-making skills before committing their own money.
With Steady Start, users can choose a stock or ETF and set up automatic deposits that begin with just $1. Each week, the deposit amount increases by $1 for 52 weeks. By the end of the program, users will have invested close to $1,400. This gradual approach allows investors to build a recurring investment habit, while allowing them to change or cancel at any point.
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Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank's investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America's largest bank. The new capital will be used to accelerate product development, deepen automation across the private credit funds lifecycle, and expand Kanastra's client base.
I&M Bank Launches Tanzania’s First Mastercard World Elite Debit and Multi-Currency Prepaid Cards on OpenWay’s Way4 Platform
I&M Bank Tanzania, in partnership with Mastercard and OpenWay, has introduced the country's first Mastercard World Elite debit and multi-currency prepaid cards. Powered by OpenWay's Way4 digital payments platform, the new products cater to the evolving needs of Tanzania's affluent and middle-market customers by offering lifestyle privileges, advanced security, and seamless international transactions.
Sage Unveils Next-Generation, Integrated Cloud HR & Payroll Solution for Mid-Sized Businesses in South Africa
Today, Sage, the global leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), launches its integrated Sage HR & Payroll Advanced solution for mid-market companies in South Africa. Targeted at organisations with high-complexity payroll needs, the all-in-one, cloud-based payroll and HR software is a powerful step forward in simplifying how mid-sized businesses pay, manage and engage their people.
Atom Bank Bolsters Family Support By Increasing Maternity and Paternity Leave
Atom bank, the saving and lending specialist, has today announced a significant enhancement to its maternity and paternity leave policies.
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