SNYKZ is on a mission to pioneer a whole new trading category to make trading more social. It is designed from the ground up for a whole new user experience for the investment and trading community.
The SNYKZ-social-platform is for everybody and provides a safe, secure, and regulated platform to exchange ideas, portfolios, and information that empowers anybody to invest. With our social functionality as group chats, post SNYKZ videos or discussions of the latest market news on the life videos – we will give our community that safe, regulated trading platform and trusted app that today’s Millenial and Gen Z’s investors want and need.
Tell us about yourself?
My professional career has always been in banking and I have worked for some of the largest banks around the world. I have also founded a couple of small businesses for financial services and agencies for developing strategies and providing web services.
It’s in my DNA to be an entrepreneur. I came from a family of entrepreneurs and my last startup had an exit, and it was sold to an investor.
If you could go back in time a year or two, what piece of advice would you give yourself?
Don’t waste your time with unesessry things. Just focus on important things.
What problem does your business solve?
Our whole team are retail investors and the pandemic created the perfect requirements for investing,as many people launched TikTok trading channels.
But honestly, TikTok or Reddit is the wrong place to talk about such a serious topic as trading and investing. It is easy to fake success, fool or scam other investors on TikTok. Many Gen-Z and Millennials started to think about their financial future and exchange ideas with each other and look for very simple instructions and information on how and where to invest.
Many existing retail trading apps do a good job, but consumers will increasingly look for new and better ways to invest.
What is the inspiration behind your business?
I came up with the idea for SNYKZ the first social trading platform in TikTok style in the middle of the pandemic. We wanted to build a regulated, one-stop-shop between trading and social media. SNYKZ solves many issues with retail investors from “fake news”, pump and dump, to the knowledge gap for first-time investors.
We strongly believe that SNYKZ will change how Gen-Z and Millenials invest and trade.
What is your magic sauce?
The market has changed with the new generation. Social trading is extremely new & there is an upcoming market with no true incumbents.
SNYKZ is a first mover for a social trading app that will change everything in terms of investing. SNYKZ combines the functionality of a trading app with a lifestyle product to become a better investor. We are building a TikTok for social trading. It very simple, instead of text messaging in “tweet style” – we believe in short videos. Share your trading knowledge with the entire SNYKZ community with a short video. SNYKZ is a platform with commission-free trading and fractional U.S. stocks, fractional cryptocurrencies. It is a platform where family, friends, financial, influencers, and anybody else can invest together, sharing their investment knowledge and experience.
What is the plan for the next 5 years? What do you want to achieve?
The trading industry needs a change and we want to disrupt it. On social media we have a big issue with fake success and pump & dump. Unsuspecting people invest in the wrong stock or coin based on these information from social media. These problems should no longer exist because of SNYKZ.
What is the biggest challenge you’ve faced so far?
Like most startups there are always going to be hurdles and issues to deal with.It is part of building a business, anyone who tells you there are no issues is not telling you the truth. As a good CEO you have to work through them, rely on your advisors for input and go right at the problem.