Getquin Wraps Up $15M For Its Social Network Platform For Investment Opportunities
Fintech startup Getquin grabs $15M for its social investment platform allowing investment opportunities to investors.
Getquin, founded in 2020 by Christian Rokitta and Raphael Steil with the aim to create a social investment platform that allows people to discuss and evaluate stocks, cryptocurrency, and other forms of investment opportunities. Until today, the startup has gained over 200,000 users in Germany and the DACH region.
The fintech startup allows the people to:
- Connect and aggregate their already existing brokerage accounts
- Create and consume content
- Take an active part in discussions with other users
Berlin-based fintech startup Getquin raises this funding in a Series A round led by Portage Ventures. Horizon Ventures backed the company along with other investors such as embedded/capital and Sino AG. Moreover, the startup also grabbed investment from angel investors like Maximilian Tayenthal N26 founder, and Erik Podzuweit Scalable Capital founder.
Whilst sharing the news about funding, Co-founder and CEO Christian Rokitta said:
“While there is already a substantial amount of financial news and content providers, the recent months have shown that people mostly trust their connections and communities when it comes to financial information. The new investment allows us to invest significantly in the product to transform getquin into the primary source of information for investors around the globe.”
No matter whether it’s an investment or personal finances, the fintech startups are on the rise to offer a more flexible solution to customers to manage their finances and improve customer retention. Owing to the widespread popularity of financial technology, many fintech startups are emerging providing a better, safe, and efficient solution for people to deal with their financial concerns.
Partner at Portage Ventures Hélène Falchier shared his experience with the company:
“getquin has established a new way of financial content consumption in the DACH region. The last two years have shown that there is a big need for such a product in many markets, allowing people to build their own community, engage in a trusted relationship, and keep it fun at the same time.”
The company plans to grow its English-speaking community to make its service approachable to a larger customer base.