Investing apps make it simple to assemble a diversified portfolio of stocks and bonds. The top trading apps provide low fees, educational resources, and an intuitive user interface for optimal trading experience.
Micro-investing apps like Acorns and Stash make investing risk-free for young investors by automatically taking steps such as rounding purchases to the nearest dollar, investing the change, and keeping track of purchases for an easy investment strategy. These applications offer an ideal millennial investing solution without taking unnecessary chances.
1. Swagbucks
Swagbucks is an accessible way to earn extra cash and has been highlighted by Forbes in their “Top Online Ways to Make Money Without Scams” list. Available worldwide and over 10 years old, its parent company Prodege LLC boasts an A+ Better Business Bureau rating.
Swagbucks website and app are free for users, boasting a 4.3 rating on Trustpilot. There are multiple ways you can earn with Swagbucks: surveys, watching videos, shopping online and playing games are just some of the many opportunities they provide to earn points – taking surveys, watching videos, uploading receipts from selected retailers to earn SB points as they shop, answering daily poll questions or signing up with fintech apps or banks with large signup bonuses can quickly add up and give a quick way of making more SBs quickly than ever!
2. Cashli
Cashli is one of the newest ways to make money through trading stocks and Bitcoin. Offering no commissions and an intuitive user interface that makes getting started easy for beginners, Cashli also includes picture-based tutorials designed to teach people of all ages and experience levels how the market operates.
With this app, you can send and receive money, get a bank account with debit card and start investing for as little as one dollar – your investing accounts are insured by the Federal Deposit Insurance Corporation via bank partners – as well as one of few platforms offering fractional shares, making this platform ideal for beginner investors.
Only downside of the platform is its limited options for buying and selling, which may make it unsuitable for more experienced traders. The company promises more options will be added in due course.
3. Paytm
Paytm offers a platform for making digital payments, featuring technology infrastructure and robust data collection to provide seamless transactions and ensure a positive user experience.
Paytm also generates revenues through charging merchant fees for processing transactions through its platform, while Paytm Mall allows users to purchase products ranging from electronics and clothing, while offering financial services such as remittances, insurance policies and investments.
Mobile payment and wallet app Paytm links up with bank accounts securely to allow payments, supporting over 20 million merchants and 221 million active users as of March ’21. Its promotional activities include the “Paytm Karo” short film.
Recent innovations from this FinTech firm include a virtual bank that allows users to store and withdraw money via their phone numbers, with impressive revenues and user bases making them formidable competitors against traditional financial services firms such as Blackrock and SoftBank.