
SparkFin
StockTwits® - Share Ideas & Learn from Passionate Investors & Traders.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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SparkFin Inc. operated as a real-time stock discovery platform, primarily targeting the fintech market. The company was founded by Jason Pang, who served as its CEO. Pang brought a strong startup background to the venture, with experience that includes an IPO and acquisitions.
The core of SparkFin's business was a financial app designed to make investing more accessible, particularly for newer and younger investors. The platform's main feature was the creation and sharing of stock lists. Users could follow lists curated by experts or create and share their own watchlists with other users and friends. This model aimed to help novice investors get started by providing investment ideas based on relatable concepts, such as a popular list titled "Where Millennials Spend their Money". The business strategy focused on transforming stock market data into actionable ideas, allowing users to learn about the markets for free.
Based in San Diego, California, SparkFin operated with a small team of 1-10 people. A significant milestone for the company was winning top honors at the 2016 Stocktoberfest Fintech startup competition. In January 2017, SparkFin was acquired by StockTwits, the large social platform for investors and traders. The acquisition was part of StockTwits' strategy to broaden its platform and make investing easier and more engaging for a growing audience of self-directed investors. Following the acquisition, the SparkFin team joined StockTwits' existing operations in San Diego to continue their work.
Keywords: stock discovery, fintech app, investment lists, social investing, retail investors, stock watchlists, financial data, millennial investors, StockTwits, Jason Pang, investment ideas, market data platform, financial technology, stock market analysis, portfolio ideas, investor community