Executive Summary: Plus500 is an online trading company that specializes in the purchase and sale of contracts for difference. Plus500 makes money via spreads on customer trades, overnight fees, currency conversion fees, as well as inactivity fees. Founded in 2008, the company has grown to become one of the world’s leading contracts for difference providers. … Read more
Executive Summary: Trade Republic is a mobile trading application that allows users to buy and sell ETFs, stocks, derivatives, and cryptocurrencies. Trade Republic makes money from payments for order flow, various trading and account fees, as well as interest on cash held within its user accounts. Founded in 2015, Trade Republic has grown to become … Read more
Executive Summary: Plaid is a financial aggregator that offers an API, allowing other companies to connect to their customer’s bank account (as well as other financial institutions). Plaid makes money by charging a variety of fees for connecting and using its service. The company operates on a freemium business model. Founded in 2012, Plaid has … Read more
Executive Summary: E-Trade is an online brokerage and bank which has developed a variety of financial products. These include the ability to invest in securities, open savings accounts, or even take out loans. E-Trade makes money via net interest income, payment for order flow, commissions, as well as fees, and service charges. Founded in 1982, … Read more
Executive Summary: Digit is a FinTech company providing an app that is automatically saving and investing money on its users’ behalf. Digit makes money from subscription fees, withdrawal fees, interchange fees, and interest from funds residing on its user bank accounts. Founded in 2013, Digit has become one of the leading personal finance platforms … Read more
Executive Summary: Trading 212 is an online brokerage that offers various investment products, namely Invest, CFD, and ISA. These allow users to buy and sell stocks, commodities, currencies, and more. Trading 212 makes money via profits from spreads, stock lending, overnight and weekend fees, and conversion fees. Founded in 2004, Trading 212 has grown to … Read more
Executive Summary: eToro is a FinTech company that allows users to trade various financial assets, including stocks, cryptocurrencies, commodities, and many more. Users can furthermore mimic traders from others by using eToro’s CopyTrader feature. eToro makes money via the spread it applies on trades, overnight and weekend fees, withdrawal fees, currency conversion fees, as well … Read more
Executive Summary: Dave is a personal finance app available on Android and iOS devices. Users can budget their finances, borrow money from Dave, and even find side hustles on the platform. The Dave app makes money via membership fees, donations from users, interchange fees, interest earned on cash, and referral fees. Founded in 2016, Dave … Read more
Executive Summary: Sezzle is a payment provider that offers ‘Buy Now, Pay Later’ solutions to both customers and merchants. Items can be paid over the course of 4 installments. Sezzle makes money via merchant fees as well as late payment (or penalty) fees. The bulk of its revenue is generated by merchant fees. Founded in … Read more
Executive Summary: Afterpay is a company that allows customers to pay for items over the course of 4 installments. It works together with over 55,000 online retailers that have adopted its payment options. Afterpay makes money via fixed and variable merchant fees, late payment fees, interchange fees, as well as cost-per-click advertising. Founded in 2014 … Read more