Concorde Capital to launch retail investment products
Concorde Capital, an investment company operating in the Ukrainian market since 2004, plans to lower the entry threshold for investors in its projects and launch retail investment products, reported Ihor Sotnyk, Managing Director of Concorde Capital's Investment Banking Department.
Concorde Capital, an investment firm operating in Ukraine since 2004, intends to introduce retail investment products with a lower entry barrier for investors, according to Ihor Sotnyk, Managing Director of Concorde Capital's Investment Banking Department. Sotnyk disclosed that the company has already prepared the necessary infrastructure and is set to launch products catering to the retail market, such as domestic government bonds and other investment options.
He explained that Concorde Capital began by focusing on joint investment institutions, developing an application, and establishing an asset management company. Sotnyk noted that Ukrainian investors are investing despite the market challenges, which supports Concorde Capital's plans to create such products. The company's director highlighted the success of Encraft, a joint investment project in distributed energy generation and storage systems, which attracted investors and launched its first stage.
Furthermore, Concorde Capital has launched a mobile app and digital investment platform, Statock, currently featuring three projects with a minimum investment threshold of $9,000. Statock plans to introduce an investment module with a threshold of UAH 1,000 in domestic government bonds, stocks, corporate bonds, and ETFs in the third quarter of the year, along with savings accounts, automatic reinvestment, and portfolio management.
The launch of an AI-based robo-advisor for tool selection and a personal finance manager (PFM) is also set for the same quarter, while brokerage services will be rolled out in the fourth quarter. Concorde Capital, founded and led by Ihor Mazepa, has secured $4 billion in investments for clients over its 20-year history, executed over 100 deals, and boasts over 1,000 corporate clients and more than 100,000 investors interested in investing in real businesses.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.