Intrigued by cryptocurrency? Here are the basics of its use.
Westport start-up FinTron launched their personal finance app shortly after we took a look at some of the best investment app options in the wake of market chaos Robinhood-GameStop earlier this year. FinTron also offers the ability to buy and sell stocks and, like Betterment and others, includes savings, checks, debit cards, and personal budgeting.
Ask founding CEO Wilder Rumpf if he was considering any piece of cryptocurrency for the app, and his response is quick – too obscure for most people, though he doesn’t rule out FinTron adding options. From “coins,” in his words, as FinTron’s target audience of young people, adults gravitate in time to virtual currencies as they become more mainstream. “Our mission is to create financially savvy investors, not to present them with very risky options,” says Rumpf. “Maybe later, depending on where the coin market is going. But it’s very volatile – right now we are marketing to young and inexperienced investors. “