Here's Tititada! This Vietnam-based investment app makes it possible to invest in local public companies for just 10,000 VND (~$0.4). Oh, and they just raised a $1.5M pre-seed led by Golden Gate Ventures.
😉 Here's the plan
Tititada wants young Vietnamese to start investing now, so they can achieve long-term financial security. And they're leaving them no excuse!
😏 What they're doing differently
More than just affordable.We all know offering fractional shares makes it possible for anyone to invest.
Their twist is that you'll be able to invest in locally listed Vietnamese companies — allowing you to invest in companies you know, invest in Vietnam and make $$$ returns from the growth of your local economy. How's that for nationalism?
👀 Zooming out
There's a major boom in retail investing among the Vietnamese youth — and the number of Vietnamese investment apps shows it.
A few of them offer fractional trading as one of their products, and there are other fractional trading apps like GoTrade that allow foreigners to invest in US-listed companies.
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