The FinTech Report Podcast: Episode 13: Caleb Gibbins, Founder, Cache Investment Management
Micro investing Apps have 1.3m customers over 8 providers, with growth at 120%+ last year, says Cache.
More people now own shares/ETFs via micro-investing apps than directly.
Cache predicts micro investment Apps will have 7m accounts in 5 years. Growth driven by new fintechs and banks who outsource Fund Management to Investing as a service providers like Cache.
Cache provide Investing as-a-Service so that any company can be a Fintech company.
You can integrate Cache’s fully digital investment products directly into your existing app, website or other platform through their APIs.
Clients include UpStreet and Spriggy Invest. Cache on a mission to help your customers invest
Launching investment products is hard; Cache is your end-to-end fund manager, and offers licencing and financial infrastructure: licencing, registry, fund administration, payments, trustee, custody, trading – broking, settlement, tax accounting; fund audit, PDS documents. Trustee, Custodian & Broker are third party suppliers and will be appointed by Cache.
Perfect for passive investing or micro wealth advice apps where service is not ‘stock picking’ rather buying ETFs or hugging the index style investment strategies.
Cache enables trading in Australian and US listed assets/equities.
Cache conducted a report into Micro Investing; available here: https://www.cacheinvest.com.au/investing-report
The FinTech Report podcast is brought to you in Partnership with Australian FinTech, a news and information website as well as a Directory of over 800 fintechs – and global data aggregator and Open Banking experts, Envestnet Yodlee. Envestnet | Yodlee’s data solutions are used by some of the region’s most exciting and innovative companies, including 86 400, Xero and Finder.