A new investment app, Orca, is set to be officially released in December. The app is currently available for the residents of the UK. The team at Orca is about to conduct a public beta version with full app functionality before the official launch.
All-in-one app for everybody as a vision
Orca is an all-encompassing app designed for the needs of even non-experienced users. Making investment accessible to everyone is the brand’s main drive.
The app focuses on an easy investing process and learning investing on the fly. Starting from the beta, the app will have educational articles on investing, and a convenient glossary where a user can find digestible explanations of financial terms.
Apart from that, Orca provides comprehensive real-time information on every asset available in the app, and an intuitive newsfeed provided by Dow Jones. The investing process itself is very easy in Orca, as the app enables users to manage risks, cut taxes, monitor the market and get qualified support 24/7.
Alpha and Beta
Orca’s Alpha version is already available by request where users can try investing simulation with a virtual balance. The Alpha was tested by 500 volunteers, including bloggers and journalists.
The app is now passing the final stage of the alpha testing and will be available as a Beta on demand in December. The main difference between Orca’s alpha and beta versions is that the Beta will have a full scope of features and enable users to invest real money by placing orders for stocks listed on the LSE.
Orca’s CEO, Denis Gulagin, and CPO, Fyodor Panteleev, pointed out the importance of lowering the threshold for all those who want to start investing but don’t know how to start.
“Investing is still a complicated thing for a lot of people. We analyzed similar applications and came to the conclusion that a lot of users give up on investing in the case of the first unsuccessful experience which caused money loss. We’ve put all our efforts into making a friendly, reliable and beautiful app which will transform investing routines into a nice and enjoyable habit. We believe people will love it!” Gulagin said.
Over 10,000 downloads at the pre launch stage
Given that the final version is not yet released, the app has been downloaded over 10,000 times due to the prelaunch giveaway campaign the team is running in the near time to introduce the public to Orca and enable them to win shares and benefit from investing.
Orca is a mobile investment app which enables users to buy over 250 assets traded on the LSE, gather stats on them, monitor the stock market in real-time, read industry news, and learn to invest if a user has no experience.
In the near future, the project team wants to add assets traded on NYSE and NASDAQ as well.
Orca is currently available on Google Play and the App Store only as a Waitlist. Basically, it is a virtual queue of registered users. A user can move through this queue by completing specific tasks.