FinTech news in stock category

While German startup Trade Republic is better known as a mobile app that helps you buy and sell stock, the company is adding interest on uninvested cash. With this new feature, Trade Republic will likely attract new customers who are looking for higher interest rates as inflation impacts the savings of European consumers. Users who hold cash in their Trade Republic account will receive 2% in annual interest. More precisely, Trade Republic says that interests will be calculated on a daily basis and the startup credits user accounts once per month.

Meet Prediko, a new startup that sits at the intersection of e-commerce, fintech and software as a service. Prediko has built an online dashboard that lets you review your inventory position as well as plan and order more products. Customers connect Prediko with their Shopify store directly — the startup is building integrations with other e-commerce platforms. After that, they can generate inventory reports to see fast-moving products, slow-selling items and the current retail value of the inventory.

A year ago, few knew the brand Bolt, a checkout technology company that was founded in 2014, nor its founder, Ryan Breslow, a seemingly archetypal Silicon Valley type: smart, strong-willed and a college dropout who left Stanford after only two years to start a company.