Domain Money

Domain Money is a digital investment platform that facilitates stocks and cryptocurrency trading. The company facilitates both self-trading of securities and offers actively managed portfolios that are overseen by a group of human advisors. The platform offers four kinds of investment portfolios for investors to choose from, which are differentiated by the ratio of stocks and cryptocurrencies included under each portfolio. Through the platform, investors can also access data-driven insights, expert ratings, key financial metrics, and other relevant news. In addition, the platform also provides real-time market intelligence and access to live customer agents.

The platform charges an annual management fee of 1% and requires a minimum investment of USD 100–500. The company offers commission-free trading on securities, but charges a commission of 1.49% on crypto trades.

In January 2022, Domain Money launched its platform for stocks and cryptocurrency trading on Apple’s App Store, but was yet to be released on Google’s Play Store. The platform claims to help its customers to accumulate wealth from actively managed portfolios with an investment management team of ex-investment bankers from Goldman Sachs, Morgan Stanley, and Bridgewater Associates.

As of January 2022, Domain Money was yet to launch its crypto-based credit card and rewards system. It had opened its waitlist for users to register and the credit card was to be issued by WebBank. The company also planned to venture into lending, allowing customers to borrow up to 40% of their invested portfolios in the form of loans.

In January 2022, the company raised USD 33 million in funding. It intended to utilize this to expand its business and further develop its technology.