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Finvest app will have you invested in US Treasury Bills in minutes
Finvest makes the purchase, management and selling of U.S. Treasury Bills easy, while also offering a high-yield cash management account.
With interest rates at such high levels, Bharuka wanted to take advantage of the environment, however, banks were giving pennies on the dollar, he told TechCrunch. The company is in its earliest stages, with Bharuka declining to say how many customers have downloaded, but did say that around $1 million in deposits were made since launching in December. “We have been exploring this angle because there is a lot of interest to invest into treasuries, especially in Latin countries, like Argentina or Brazil, because their economic economies have not been that strong.
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