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Cyprus based mobile trading app Capital.Com has raised $25m in Series A funding led by VP Capital. The Capital.com app allows investors to trade financial products and receive updates from its patent-pending Smart Feed with news, analysis, and research based on user behaviour.
The Limassol-based company has also launched an app called Investmate for new and amateurs traders to learn how to trade. “By taking advantage of the most advanced AI technologies, Capital.com is able to analyze traders' behaviors in real time, subscribe them to bespoke educational channels,” said Kira Bondareva, CEO, “and then, based on their activity, provide instructions on how to avoid certain biases, such as either the overconfidence bias or disposition effect.” The AI-powered app will help expand market access for traders, added Viktor Prokopenya of VP Capital.
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