Clink

Company Overview

Snapshot

Founded in February 2014 by Eyal Fruchtman, Clink operates with 1–10 employees. The company raised $3 million across two funding rounds. In January 2016, Clink launched its no-fee investment app on iOS and Android, aiming to simplify investment and savings for mobile users.

Business overview

Clink is a no-fee investment application designed to empower individuals with control over their personal investment plans. The platform allows users to customize investments by setting pre-specified amounts from checking accounts or a fixed percentage from credit card usage. Funds are then invested into diversified portfolios of exchange-traded funds, tailored to the user's risk preference. Clink streamlines the investment process, enabling users to adjust investment amounts and frequency at any time, serving the Fintech & Insurtech sector.

Strategic signal

In January 2016, Clink launched its no-fee investment app on iOS and Android. This launch was significant as it introduced a simplified, automated investment and savings solution to the mobile generation, indicating the company's strategic focus on making micro-investing accessible and user-friendly within the competitive fintech landscape.

Company Intelligence Q&A

What is Clink's primary offering?

Clink provides a no-fee investment app that enables individuals to manage personal investment plans by automating investments from their checking accounts or credit card transactions into diversified portfolios of exchange-traded funds.

When was Clink founded and by whom?

Clink was founded in February 2014 by Eyal Fruchtman.

What was a key product milestone for Clink?

In January 2016, Clink launched its no-fee investment app on both iOS and Android platforms, aiming to automate investment and saving plans for mobile users.

What is the current operational status of Clink?

Clink ceased to operate in December 2019.

How much capital did Clink raise?

Clink raised a total of $3 million across two funding rounds.