Five months after the official launch of the independent online investment product comparison platform CAPinside.com, the company has now secured the support of well-known investors as well as € 3.3 million in equity capital for the further development of the online platform in a first round of financing.
“We want to give all people independent access to the best and most relevant investment products,” says Philipp Schröder, CEO of the platform. Currently, CAPinside provides its automated real-time comparisons of over 40,000 investment products and their ratings to professional investors free of charge. Thus, Fintech from Hamburg offers the best possible decision-making aid for investors.
“There is hardly any industry that has done so much damage through its systematic lack of transparency and that is at the same time not digitized as much as the investment industry. And that despite the fact that investment funds are actually completely unrivaled as a form of investment due to historically low interest rates, “says Schröder, who successfully pushed ahead with the digitization and de-monopolization of the energy industry prior to the founding of CAPinside. “CAPinside seeks to regain confidence through transparency by developing our comparison technology so that private investors will make better and more responsible financial decisions in the future,” said Schröder.
To ensure this, CAPinside has now raised fresh capital and will launch a comparison platform in April 2019, which can also be used by non-professional investors. The capital round was led by Thomas Pütter, the well-known venture capitalist and former CEO of Allianz Capital Partners, who also takes over as Chairman of the Supervisory Board of CAPinside AG. Other investors include Andreas Kupke, co-founder of Finanzcheck.de, Christoph Ostermann, founder and CEO of Technologie-Start-Up sonnen, and Alexander Holtappels, CEO and founder of the Hamburg-based software company SABIO. Since September 2018, more than 7,000 professional users have registered with CAPinside.com and more than 2 million non-registered users visit the site every month.
Also published on Medium.