Start-up firm Investa, a finalist in the 2020 Emerge X Startup Competition, has launched its first investment platform built on Microsoft’s system.
Investa has over 1 million users and averaging 20 million views per month and has evolved into a full-fledged investment platform, from a mere learning tool from its initial deployment.
“We started Investa with the aim to empower Filipinos to achieve financial freedom,” Airwyn Tin, co-founder and chief technology officer of Investa, said in a statement.
“Investing in the stock market is a viable way to augment income towards financial security and success, but most people lack the knowledge and skills needed in stock trading. There is also a lack of user-friendly and affordable investment platforms, which ultimately led us to build our own.”
He said Investa wants to address theseby providing a wide array of learning resources, tools, analytics. The new Investa app, he noted, has evolved into a first investment platform designed for every Filipino.
“With the new Investa app, anyone can invest in the best-performing mutual funds in the country and even abroad, even with minimal funds. People can do so according to their risk profiles and financial goals. Whether they be conservative investors or high risk-takers, they can choose the funds that suit their lifestyle,” Tin said.
Tin’s group joined Microsoft’s regional Emerge X competition last year and was chosen as a finalist. This kickstarted a year-long mentorship program with Microsoft for startups, a program designed to help them scale and accelerate their growth.
Microsoft also helped Investa set up its cloud infrastructure and also utilizes Azure DevOps and Azure Application Insights.
With their platform, Investa is well-positioned to onboard more users as it looks to expand its reach further in the country and abroad, Microsoft said.