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Hapi Reaches Half a Million Customers and Celebrates at the Nasdaq in Times Square

Hapi, a platform democratizing U.S. stock market investments, celebrated its growth by being featured at a symbolic financial hub. CEO Dusko Kelez highlighted the trust U.S. institutions place in Hapi, which now serves over 500,000 users in Latin America. With no brokerage fees and plans for further expansion, Hapi aims to double its customer base.

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Hapi

Hapi, the fintech company founded by Peruvians that facilitates investment in the United States stock market for Latin Americans, has reached the screen of the Nasdaq tower, located in Times Square, the heart of New York, after reaching 500,000 users on its platform.

Being featured in this symbolic place is an aspirational milestone for many brands globally, as it puts companies in the sights of investors, clients and potential partners, in addition to symbolizing their impact and growth in the market.

“We wanted to celebrate this achievement in a meaningful way at the epicenter of the U.S. financial markets, as a representation of the trust that the U.S. stock market institutions have in us, which guarantees our clients the security of their investments,” said Dusko Kelez, CEO of Hapi, in a statement.

Hapi does not charge brokerage fees for transactions

In less than five years, Hapi has established itself as a reliable platform that democratises investment in the US stock market for more than 500,000 users in 20 Latin American countries. The app allows anyone, from the age of 18, to buy or sell shares from $5 or cryptocurrencies from $1, in less than five minutes and without the need for prior investment knowledge.

Additionally, Hapi does not charge brokerage fees for transactions. The platform’s business model is based on membership fees for additional services, asset monetization, and compensation from the exchange for transactions submitted.

“This achievement not only reflects our growth and commitment to financial innovation, but also our pride in representing the entire Latin American community. We are delighted to be able to demonstrate that startups in our region can achieve significant milestones on a global level,” said Kelez.

Along with half a million customers, Hapi has announced the end of DRIP, allowing customers to now activate automatic reinvestment of dividends from their accounts; and in line with continuing to improve the experiences and opportunities for its users, it plans another major launch over the coming months.

Finally, Hapi hopes to double its customer base in the next year, with a continued focus on facilitating safe and regulated access to investment for more people in the region.

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(Featured image by Claudio Schwarz via Unsplash)

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First published in DF SUD. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Valerie Harrison is a mom of two who likes reporting about the world of finance. She learned about the value of investing at a young age upon taking over her family's textile business when she was just a teenager. Valerie's passion for writing can be traced back to working with an editorial team at her corporate job, where she spent significant time working on market analysis and stock market predictions. Her portfolio includes real estate funds, government bonds, and equities in emerging markets such as cannabis, artificial intelligence, and cryptocurrencies.