TradeIt partners with FinTech Sandbox to drive financial services innovation

TradeIt, a New York-based company, has partnered with Fintech Sandbox, a Boston-based non-profit founded to promote financial technology innovation globally by providing free access to critical data and resources to fintech entrepreneurs and startups.

Through this partnership, FinTech Sandbox startups looking to test new retail trading capabilities or demonstrate their ability to seamlessly integrate with retail brokerage accounts will now have access to TradeIt’s APIs and SDKs. These tools connect popular financial mobile apps with retail brokerage accounts and each other.

FinTech Sandbox offers free access to the data and infrastructure to startups by aligning with industry-leading companies like TradeIt, thereby opening the door for advancement and innovation. Sandbox residents in return are expected to collaborate with each other, share learning and advancements that benefit the fintech ecosystem as a whole. There are no fees to participants and no equity is taken.

“Our relationship with TradeIt will help us to assist startups in refining and testing their products and services. TradeIt is ideal for Sandbox residents who are working to make mobile trading faster, safer and more secure, or who are bringing institutional-level technology and capabilities to retail investors”, Jean Donnelly, executive director of FinTech Sandbox, said.

TradeIt is focused on providing next generation retail investor tools and services to a growing network of mobile app companies, publishers, and advertisers. Its signature product is a patent pending set of APIs and SDKs that enable users to place securities orders on any app, ad unit, or publisher's site from their existing brokerage accounts.

In January 2016, TradeIt introduced Portfolio View, a set of APIs that integrates real-time account information to any app or website. It is backed by Valar Ventures and Citi Ventures, and won the Global Citi Mobile Challenge for the Most Innovative Trading Solution in 2015.

"As the turn-key, broker-agnostic solution for all FinTech companies, TradeIt is excited to partner with FinTech Sandbox to provide our portfolio management and order management solution to help early-stage startups in the investing space thrive," said Nathan Richardson, Founder and CEO of TradeIt.

TradeIt is now available on over 45 mobile apps, sites and social media sites. The company has quickly aggregated over $2 billion in assets and over $1 billion in orders in under a year.