Qooore rebrands social platform to Qure.Finance

Rick Steves

Qooore has also launched paper trading on its iOS app so that users can carry out risk-free trades based on insights from leading influencers.

The social investment platform for Gen Z is rebranding to Qure.Finance as it pursues the “total addressable market of $84 billion” attributed to the Gen Z.

Accompanying the change in name and image, Qure.Finance is launching a Paper Trading service that allows users to trade approximately 10,000 securities, including US stocks and ETFs, as well as more than 20 cryptocurrencies without risking their money or needing to pay fees.

The feature is currently available on iOS, but simulated trades will arrive for Android users in the coming months.

Qure.Finance launches Paper Trading for Gen Z users

Qure.Finance enables beginner investors to learn the mechanics of trading by testing their own trading ideas, as well as those offered by creators.

Paper trading will also allow Qure.Finance to more accurately measure the level of success of its content creators. The software update will now feature a leader board based on the overall profitability instead of percentage gain.

Igor Sheremet, Chief Executive Officer at Qure.Finance, said: “From day one, we have been committed to making investing accessible and easy-to-digest for Gen Z investors, who form a key component of the future investment community.

“Today marks a new chapter in our company’s development, as we launch paper trading under our new brand name. Thanks to paper trading, our users will not only be able to receive trading insights from leading content creators, but also test them out in real life, free of charge, with no financial risks attached – all within a sleek and user-friendly interface. We believe that paper trading will help to improve both the financial literacy and trading skills of our community. We are making investing solutions more accessible to everyone, regardless of their level of skills or financial resources.”

Qure.Financep is a social investment platform specifically targeted at Gen Z that offers social-media style trading insights from global financial influencers to young investors. The firm was founded in 2020 and is based in San Francisco.

Read this next

Digital Assets

Midas launches investment strategies for the ‘crypto winter’

Midas.Investments has released three new investment strategies on its custodial CeDeFi platform, creating new opportunities during the ‘crypto winter’.   The platform merges diverse approaches to digital asset management into single-click products to let investors gain steady profits in any market conditions — including the ongoing bear market. a custodial CeDeFi platform, CeDeFi: Unlocking the […]

Digital Assets

Bitcoin.com Wallet adds several ERC-20 tokens

The product expansion includes representatives of the DeFi world, the Metaverse, and the largest stablecoins.

Market News

Savvy Investors to Profit Whether the Stock Market Rebounds or Not

Equities have gone up enormously since the low. SP500 has gained 13.88% since June 17. In August, the indices drifted sideways. On Wall Street, veteran investors expect a move in either direction.

Industry News

Wall Street-backed MEMX obtains SEC approval for options trading platform

The company has raised more than $135 million in funding from 18 stock trading and investing heavyweights, including BlackRock, Citadel Securities, and Morgan Stanley.

Industry News

Amundi US launches ESG strategy that seeks to outperform S&P 500

Amundi’s Responsible investing team includes more than 45 specialists, and its ESG analysis covers more than 13,500 issuers across debt and equity.

Industry News

Verto launches embedded FX payments solution

The Verto API automates currency conversions, tracks payments and exchange rates in real-time, and is being launched in the follow-up of a $10 million in Series A funding last year.

Industry News

SEC awards over $16m to whistleblowers after another successful enforcement action

The program is 10 years-old and has arguably played a critical role in the Division of Enforcement’s ability to effectively detect wrongdoing, protect investors and the marketplace, and bring violators to justice.

Digital Assets

Ripple submits most succint explanation of Hinman issue in XRP lawsuit

It might be useful to get up to date as this could be the end of the road for the SEC.

Retail FX

TradingView integrates first Brazilian broker, Órama Investimentos

Órama offers all kinds of investment products, from fixed income to crypto-related funds.

<