Thursday, November 21, 2024
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WealthKernel expands into US equities trading

  • WealthKernel Announcement: US Equities Trading Launch
    • WealthKernel, a wealthtech provider, announces the launch of US equities trading for new and existing clients.
    • This strategic move positions WealthKernel among API-first companies offering institutional-grade UK and US equities trading at competitive prices.
    • Wealthyhood, a popular investment app among millennials and a WealthKernel client, is among the first to go live with US equity trading on the platform.
    • The launch places WealthKernel in a market dominated by American fintechs like DriveWealth, Alpaca, and Apex.
    • Aligns with WealthKernel’s commitment to providing cost-effective investment solutions to everyday investors.
    • US equities are popular among investors, and the move caters to changing preferences, especially in Europe’s major private banks.
    • Karan Shanmugarajah, CEO of WealthKernel, highlights the response to market preferences and clients’ growing needs.
    • Wealthyhood’s CEO, Alexandros Christodoulakis, expresses excitement about introducing individual stock investing, emphasizing the platform’s evolution to meet user preferences.
    • Adrian Lester, Head of Product at WealthKernel, emphasizes the mission to make financial services better, enabling institutional-grade rates for retail investors and capturing a significant market share.

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