Aventure Trading
Aventure Trading is a bond trading platform that simplifies the bond market for the new age investor. It aims to make saving for your future as easy as picking a song on Spotify or creating a Twitter account. Through incorporating crowdsourcing into the investment process, Aventure Trading makes it easier for its users to invest in both corporate and government bonds without having to pay large transaction fees and commission fees. The Aventure platform also provides an educational tool to decrease information asymmetry, which is prevalent in the private investment space, and an advanced recommendation service that tailors investing to a user’s particular needs.
Traction
The Aventure team are currently working on the first iteration of their platform. They are actively working with experienced professionals in the fixed-income industry to build out their platform, adding features and service offerings based on the input of these industry experts. They have a rapidly growing waitlist for the product launch.
The tentative launch date for their platform is May, 2020. The app is currently in backend development, while the user waitlist for the launch is growing healthily. The Aventure team is working with a board of mentors and they are involved in an accelerator program with the Shea Centre at Boston College.
Team
Shivansh Padhi, CEO – Shivansh is focused on catapulting the startup through strategic planning/execution, motivating the team, adhering to legal regulations, forming key partnerships, overseeing the development of the product, and the financial foundation of the business. Also responsible for songs added to the team Spotify playlist.
Max Fisher, CFO – Max manages all things financial within the Aventure setup. This involves developing and implementing their investment strategy, maintaining proper accounts, monitoring KPIs ,and managing financial risks. He is also the company liaison to all things football and sports.
Maanas Peri, CTO – Maanas is building and executing a technological roadmap for the company, leading app development from frontend to backend, connecting business requirements with activity, and creating pragmatic solutions to complex technical issues. He is also responsible for comedic entertainment.
Funding
The Aventure team is looking to raise $150-200K. This funding will be used to bolster the company’s liquidity, handle the complex legal environment of the financial markets, and build and refine the investment app.
Aventure plans on expanding their team to cover a diverse range of strong skill sets, both in technical programming and business operations. The company aims to be nationally inclusive, and in the longer term, will look to deliver their innovative solution to foreign individual investors.
The biggest hurdle Aventure will aim to overcome in the next year is, primarily, their funding requirements. They are managing this challenge by leveraging every opportunity available from school-based entrepreneurship resources, to conferences in the Boston area, to reaching out to VCs and Angel investors.
Revenue Model
Aventure Trading is currently operating with a transaction based business model, collecting a percentage fee from their users.
Details