Privat 3 Money, one of the newest and most unique wealth technology companies in the UK, has introduced a custom mobile trading platform, making it only the second digital financial institution in the country—after Revolut—to provide this service to qualified customers.

With its launch this month, the platform will enable P3 qualified consumers to trade U.S. stocks through access to the NYSE and NASDAQ, two of the biggest stock exchanges in the world, as well as digital payment and deposit services. P3, subject to future authorization, intends to eventually make major cryptocurrencies smoothly tradeable thanks to this quick technological solution.
All of this is made possible by a collaboration with the American global fintech investment firm DriveWealth, whose cutting-edge back-end technology gives P3 customers access to the market and is realised through the front-end of Privat 3’s mobile platform.
DriveWealth, which is governed by FINRA, was established in 2012 with the idea that investing in the American stock market should be simple, affordable, and digital. Since then, the company has grown into a major force on the world stage by collaborating with more than 100 fintechs, neobanks, and wallets to provide foreign investors with access to U.S. listed securities.

Source: Prnewswire