Invest.com Raises $20M From Singulariteam, Others

|May 26, 2016 | Online alternative investment startup Invest.com has raised $20 million in a financing round from a number of global investors including Moshe Hogeg’s venture capital fund Singulariteam. Invest.com also announced the launch of its “hedge fund for the people,” which it says will challenge the “elitist” alternative investments industry. For the time being the fund will operate in the UK with investments starting from £500 including CFD investments. Invest.com first made headlines in 2014 when it paid $5 million for its domain name. Invest.com says it charges a 1.5% management fee and 15% of profit but as an opening offer until June 22 no management fee will be charged.