Matador

Free investing + Social feed of trades + 2.5% on your cash

Matador is a new app to grow your money by exploring, sharing, and discovering the stock market with your friends. They just launched with nearly $9M in early funding from Accel and Greycroft -- the same backers behind Venmo, Acorns, and Monzo.
Reviews
  • Pros: 

    Really sleek design and easy to use. Cool idea to make investing less scary and more social.

    Cons: 

    I would like to see even more simple views of whether my investments have gone up or down. When I open the app with maybe a pop-up.

    I've already found it helpful to get a sense of what others are doing with their stock market investments. It will be interesting to see if this remains helpful or at some point it becomes "too much information."

    Emilie Cole has used this product for one week.
  • Pros: 

    Beautiful interface. Matador does a great job at surfacing interesting news and stock movements. Discovery tab is incredible.

    Cons: 

    Getting approved to invest takes a bit of work, but that's pretty standard and due to SEC regulations.

    Love it all around. Give it a try!

    Daniel Scrivner has used this product for one month.
Discussion
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Jannick Malling
Jannick MallingMaker@malling
Hey, thanks for the hunt! After a year of building Matador in early development, we just launched a big re-design, a 2.5% interest offer and made it available to the general public. We built Matador to remove the scare-factor that prohibits most people from taking advantage of the stock market. With an average growth rate of almost 10% per year (measured over the last 100 years), we think the stock market is a great way to put your money to work. But every investing service is a solo-effort, where you're doing your own thing, in isolation. In an increasingly connected world, something felt off about that, so we decided to built a community-first investing platform that lets people share & invest, all under one roof. By offering 2.5% interest, unlimited no-fee investing in U.S. stocks & ETFs—and insights into what, when, and why friends & thought-leaders are investing in—we've tried to build the simplest, best way to grow your money. Looking forward to getting feedback and hearing what everyone thinks. ✌️ Quick FAQ: * 2.5% interest up to $10,000: All accounts are SIPC insured up to $500,000 in total (across securities and cash), with a max of $250,000 insurance on cash. For more details, please see https://www.sipc.org/for-investo.... (No need for multiple accounts, it's all just one account.) * Unlimited commission-free trading: We support over 9,000 U.S. stocks, ETFs and some ADRs (to invest in international stocks). * Community: We let people connect with friends as well as thought-leaders in certain themes (e.g. Gaming, Self-driving cars, etc.) and invite people with a limited-time-only Give/Get $20 referral program. * Deposits: We support instant deposits which lets you sign up, create an account and deposit cash in minutes, not days.
Seth Louey
Seth LoueyHunter@sethlouey · 🙌 2017 & 2016 Maker of the Year Nominee
@malling I'm pumped about trying Matador.
Chris A.
Chris A.@chris_a_
@malling Heads-up that your website is displaying LSEP characters in my Chrome browser which conflicts with some of the text.
Eva Reder
Eva Reder@e_reder · Growh Hacker, Traveler, Founder
Love this concept! I haven't been very involved in the stock market. The apps I've tried like eTrade or Robinhood don't get you set up and investing quickly enough. This seems like a good and enjoyable way get into the habit of trading.
Jannick Malling
Jannick MallingMaker@malling
@e_reder Thanks! Glad to have you onboard 🙏
Leif Abraham
Leif AbrahamHiring@leifthunder · Co-founder @ANDCO, Partner @Prehype
Congrats! It’s awesome
Juan Felipe Campos
Juan Felipe CamposHiring@juannikin · CEO/Founder NomadApp
Congrats on raising the $9M round!! The product is beautiful. Looks like it will be a big hit with the younger crowd. Downloading now :)
Jannick Malling
Jannick MallingMaker@malling
@juannikin Thanks! Excited to hear what you think.
Mario Gabriele
Mario Gabriele@mdagabriele · Future of Work
Excited to try this out...looks very slick