Kerim Derhalli, Founder and CEO of the app Invstr, discusses the company's mission to make investing in the market both fun and informative. When discussing the social media nature of the app, he adds, investing needs to be relatable in order for people to invest in stocks "they know and love."
Invstr allows users to buy stocks for as little as a dollar with no monthly fees. The app makes money off of commission. Millennials, who might not be able to part with hundreds of dollars to buy stock in their favorite companies like Amazon and Starbucks, are able to purchase fractional shares.
Derhalli also discusses the importance of investing early so that you have more saved up later in life. He emphasizes the importance of learning about investing before spending your money, adding Invstr is the only platform that allows you to do that.