UK's most exclusive wealth tech, Privat 3 Money, launches bespoke mobile trading platform to HNW clients

Privat 3 Money

PR98481

 

LONDON, Oct. 26, 2022 /PRNewswire=KYODO JBN/ --

 

- Privat 3 Money has launched a bespoke mobile trading platform, accessible via

its mobile app, becoming only the second digital financial institution in the

UK offering this in-app service.

- The trading platform has been brought to market via a partnership between

FINRA regulated DriveWealth and FCA regulated P3 Wealth, a Privat 3 Money

sister entity.

- The partnership gives clients the opportunity not only to access deposits and

payment services, but to invest all through one mobile platform.

- Customers now have access to the NYSE and the NASDAQ, two of the biggest

exchanges in the world.

- Privat 3 Money is disrupting the private wealth arena with the ultimate

digital financial platform.

 

The UK's newest and most exclusive wealth tech, Privat 3

Money[https://www.privat3money.com/], has launched a bespoke mobile trading

platform, becoming only the second digital financial institution in the UK,

after Revolut, to offer this facility to eligible clients.

 

Launching this month, the platform gives P3 eligible clients the opportunity

not only to access digital payment and deposit services, but now the ability to

invest through one account and trade U.S. equities via access to two of the

biggest exchanges in the world, the NYSE and NASDAQ. Eventually, P3 hopes to

enable the trading of mainstream cryptocurrencies seamlessly thanks to this

fast tech solution, subject to future authorisation.

 

It's all thanks to a partnership with U.S. based global fintech investment rail

DriveWealth, whose modern and sophisticated back-end technology provides P3

customers with the market access, brought to life through the front-end of

Privat 3's mobile platform.

 

FINRA regulated DriveWealth was founded in 2012 with the vision that investing

in the U.S. stock market should be accessible globally, inexpensively and

digitally. Since then, the business has developed into a global powerhouse by

partnering with over 100 fintechs, neobanks, and wallets to make U.S. listed

securities available to investors worldwide.

 

"We're on the cusp of a digital revolution within personal finance, and through

partnerships with like-minded firms like Privat 3, we're giving customers the

tools needed to take control of their financial lives." said Harry Temkin,

Chief Information Officer at DriveWealth.

 

The partnership with Privat 3 Money has been facilitated via a tie up with P3

Wealth, an FCA regulated investment firm wholly owned by Reda Bedjaoui, Privat

3 Money's Founder and Principal. It's this relationship that allows Privat 3

clients who are boarded to DriveWealth to transact due to the licence provided

by P3 Wealth.

 

"We're only the second UK financial institution to offer clients access to both

banking-like services and trading capabilities on one platform, through one

account," said Reda Bedjaoui, Founder of Privat 3 Money.

 

"It's a product that gives P3 eligible clients a more efficient way to invest

their money, using streamlined tools that are built with the future of finance

in mind. In a busy, global and time-poor world, it's a game-changing innovation

for our clients."

 

Photo - https://mma.prnewswire.com/media/1929470/P3_Trading_Photo.jpg

 

source: Privat 3 Money

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