Impact investing is a type of investment that aims to generate positive social or environmental impact alongside financial returns. There is growing evidence that impact investing can be a powerful tool for tackling some of the world’s most pressing challenges, from poverty and inequality to climate change. What’s more, impact investing is becoming increasingly popular with investors, who are looking for ways to use their money to make a difference in the world.
There are a number of impact investing apps available that allow individuals to invest in companies and causes that they believe in. These apps offer the ability to invest small amounts of money in order to support businesses and organizations that are working to make a positive impact on society.
#1 Robinhood
Robinhood is an investment app that allows you to invest in stocks, ETFs, options, and cryptocurrencies all in one place. It’s simple to use and ideal for beginners. Plus, there are no commission fees. What makes Robinhood different from other investment apps is that it offers a sleek, minimalist interface that makes investing easy and fun. You can also set up alerts to track your favorite stocks. If you’re looking for an investment app that will make investing easy and fun, then Robinhood is the perfect choice.
#2 M1 Finance
M1 Finance is an investing platform that allows users to invest in stocks and ETFs for free. M1 Finance also offers a unique feature called “pie investing” which allows users to automatically invest their spare cash into a pre-determined mix of investments. M1 Finance is a great option for those who want to invest without paying any fees, and its pie investing feature makes it easy to get started with investing. However, M1 Finance does not offer much in the way of guidance or education, so it may not be the best platform for those who are new to investing.
#3 Wealthsimple
Wealthsimple is an online financial services company that offers investment and saving products to help people grow and manage their money. The company was founded in 2014 by Michael Michael Katchen, and is headquartered in Toronto, Canada. Wealthsimple has over 600 employees. The mission of the company is to help people make smart financial decisions and create a brighter future for themselves and the world around them. The company offers a variety of products and services that are designed to help people save money, invest money, and grow their wealth over time.
#4 Etoro
eToro is a global investment platform that allows users to trade a variety of assets, including stocks, commodities, currencies, and cryptocurrencies. eToro also offers a social trading feature, which allows users to copy the trades of other successful investors on the platform. eToro was founded in 2007 by two brothers, Yoni and Ronen Assia, and their friend David Ring. The company is headquartered in Israel and has offices in the United Kingdom, Cyprus, Australia, and the United States. eToro has over 10 million registered users from more than 140 countries.
#5 Betterment
Betterment is an online financial advisor that provides personalized investment advice and automated investing services. Betterment’s goal is to help people improve their financial well-being by providing them with the tools and resources they need to make better choices about their money. Betterment was founded in 2008 by Jon Stein and Eli Broverman. The company is headquartered in New York City. Betterment offers a variety of services, including retirement planning, tax-efficient investing, and goal-based investing. The company also provides its users with access to expert financial advice and support. Betterment has over 700,000 users and has assets under management of over $33 billion. The company has been recognized as one of the leading robo-
#6 Earthfolio
Earthfolio is a website that helps people learn about and invest in companies that are working to make a positive impact on the planet. Earthfolio provides users with information on over 1,700 companies across 19 different sectors, all of which have been screened for their environmental, social, and governance (ESG) practices. Users can create a portfolio of companies they want to track, and Earthfolio will provide updates on the companies’ ESG performance as well as news and analysis related to the sector. In addition, users can compare their portfolios against sector averages or other users’ portfolios to see how they are performing.
#7 Sustainfolio
Sustainfolio is an online tool that helps you track the sustainability performance of your investments. It provides a clear and concise way to see how your investments are impacting the environment, social issues, and governance (ESG) factors. With Sustainfolio, you can see at a glance how well your portfolio is doing on key ESG metrics. This makes it easy to identify areas where you can make improvements. For example, if you see that your portfolio has a low score on the environmental metric, you may want to consider investing in companies that are leaders in sustainable practices. Sustainfolio is a valuable resource for investors who want to make sure their money is making a positive impact on the world. By using Sustainfolio, you can make sure your investments are aligned with your values and are helping to create a sustainable future.
#8 OpenInvest
OpenInvest is a technology company that offers a platform for investing in stocks and other securities. The company was founded in 2015 by Conor Murray, Joshua Levin, Phillip Wei. OpenInvest’s mission is to make investing more accessible and transparent for everyone. The OpenInvest platform is designed to be user-friendly and efficient. It offers a variety of features that make it easy to invest in stocks and other securities. For example, users can set up their investment portfolios, track their performance, and receive real-time market data. OpenInvest also provides an array of tools for research and analysis, so users can make informed decisions about their investments. OpenInvest is headquartered in San Francisco, California.
#9 Personal Capital
Personal Capital is a financial technology company that provides a free financial tracking and analysis platform. The company was founded in 2009 by Bill Harris, former CEO of PayPal and Intuit, and has raised over $100 million in venture capital funding. Personal Capital’s mission is to help people make better decisions with their money through technology. The company’s flagship product is a free online financial dashboard that aggregates all of a user’s financial accounts in one place and provides tools for tracking net worth, investment performance, retirement planning, and more. Personal Capital also offers paid financial planning services.
#10 Axos Invest
Axos Invest is an investing platform that allows users to buy and sell stocks, ETFs, and mutual funds. It also provides users with tools to track their portfolios, set up alerts, and research investments. Axos Invest is a division of Axos Bank, which is a federally chartered savings bank. Axos Bank was founded in 2000 and is headquartered in San Diego, California. As of June 30, 2020, Axos Bank had $13.9 billion in assets. Investors using Axos Invest have access to thousands of investment options from hundreds of different providers. This includes stocks, ETFs, and mutual funds from companies like BlackRock, Charles Schwab, and Vanguard.
