Announcing LgiLab second investment: IncrediTrade

Today we announced an investment of LgiLab in Increditrade. This is our second investment since the creation of the Lightspeed Gemini Internet Lab (first was BP inTech). (Ofer Hi-Tech where the idea was born took also a minor stake). Increditrade will provide a range of services for simple retail investors that seek simple solutions and powerful information to make effective investment decision on financial markets

IncrediTrade empowers retail investors to make better investment decisions by leveraging reliable information in a simple and transparent format, which until now has been available to professional investors only.

The opportunity is great. The idea (we cannot disclose right now) is purely outstanding. The team (picture below of founders Assif Stoffman and Guy Hirsch CEO) is strong and brings heavy expertise both in investment fields and in internet marketing (Eran is part of the team).

We cannot say much right now since the company is in stealth mode and service will be released later this year. But i can tell you it is going to change the way investments are made. The challenge is big though. Making it in the financial world requires a lot of sharp efforts. We will work hard at LgiLab to make sure Increditrade gets the best support.

At this moment all you can do is register to their temporary homepage to get an alert when the service is released. 

I will join the advisory board of Increditrade along with Dan Ciporin .

• You can download our press release here
• More on themarker (hebrew) and thecoils (hebrew)

 

 

Comments

[anon]

Taking OK pics with the sunlight behind the subjects isn't a simple AUTO mode job... way better results are possible by sitting elsewhwere in the conf (?) room.

[ouriel]

Anon, we did not invest obviously in a challenger of flickr...