Kungsgatan 37, 8th floor
As we get ready to ring the final bell of 2022, it’s time to reflect on another exciting year and some of our major milestones. 🎉
We released a StockRepublic for Developers page, making it easier to learn how our different APIs work while providing a sandbox environment for developers to play around in. In addition, our team began productizing our Social Trading API, allowing banks and brokers to embed social trading features and modules in existing applications.
In May, we released hi!stocks in collaboration with comdirect to much fanfare. The new investment community caters to the rapidly growing digital-first audience, setting a new industry standard for user experiences and social trading. You can read our Case Study to learn more.
Throughout the year, we took several strategic steps towards establishing ourselves in the ever-important German market, including setting up a legal entity in the country and further fueling our growth by securing funding from InnoFinTech. We were also selected for an accelerator program with Access Germany and hired our first local Country Manager there.
As a scaleup, we are still growing quickly. It includes exploring the enticing Indian market in partnership with Business Sweden, strengthening the team with key roles like Head of Sales and UI/UX Lead, and signing three new customers in three different markets. One of them, Placera, went live with their new StockRepublic-powered solution yesterday. 🚨
The stock market may have been in a volatile downtrend this year, but the interest in StockRepublic is stronger than ever, with exceeded sales goals for 2022 as proof. With the rise of retail investors, banks and brokers face stiff competition from Neobrokers and WealthTech innovators as they battle it out to earn the business of the next generation of traders. As they all push to make passive customers more profitable, social trading has already proven to be essential to investors.
While you may not find any trading tips under the tree this year, we hope your holidays will be filled with joy, love, and warmth.
Fabian Grapengiesser, CEO and Co-Founder of StockRepublic