Rachel put out a call to find awesome tech people interested in building something amazing in FinTech. Abhy answered, joined as co-founder and magic started to happen.
An early MVP design for a New Zealand (NZ) focused robo-platform was awarded as a runner up in the inaugural NZ FinTech Innovation Challenge
Ilumony, NZ’s first robo-advice platform, started helping people across NZ make smarter investment decisions with their retirement savings and investment portfolios.
Customers started asking about cryptocurrencies, and if we could help them invest into these. Light bulb came on and we had an idea to put our robo engine and cryptos together. We created some mockups, then Abhy and the dev team got to work.
Within 20 days, an early proof of concept cryptocurrency platform was built. We showcased the platform to an initial group of test users, all of them signed up and wanted to start investing their hard earned money into cryptocurrencies.
After a lot of backtesting, two algorithm portfolios start trading.
All important meeting with the New Zealand Financial Markets Authority (FMA) to confirm the compliance and regulatory framework within NZ, and that Invsta fits within this.
The secret is out, and Invsta (by Ilumony), an online cryptocurrency platform came to life $10mil of funds under management/advice across the platforms
Joel Smith - marketing extraordinaire - joined the team, to make things really fly Closed first seed funding round, heavily oversubscribed Kiwibank FinTech Accelerator begins, look out world here we come!
Empower smarter investing through improved access and innovation
“ The process was simple, but more importantly, I know my investments are diversified giving me more confidence."
James from Wellington - never invested in crypto before
"I love the fact Invsta have opened up the opportunity of investing in Crypto Currency Markets for the average person, and further through an easy to manage website and a dashboard that even I can understand"
Adam, Auckland NZ.
"I had invested a little in Bitcoin before, but I knew I was missing out on so many other crypto currencies. Invsta gives me the opportunity and confidence to get involved"
James, Wellington, NZ
"I love how quick and easy it was to start investing in cryptocurrencies!"
Kadri, Wellington NZ
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Invest as much or as little as you want - with recurring investment options coming.