Company Overview
Snapshot
Founded in February 2014 by Eyal Fruchtman, Clink operated with 1–10 employees. The company raised $3 million across two funding rounds. In January 2016, Clink launched its no-fee app designed to automate investment and saving plans.
Business overview
Clink developed a no-fee investment application that enables individuals to manage personal investment plans. The platform allowed users to customize investments by setting pre-specified amounts from checking accounts or a fixed percentage from credit card usage. Funds were then invested into a portfolio of exchange-traded funds, tailored to the user's risk preference. Clink streamlined the investment process, serving the personal finance and private investor markets within the Fintech & Insurtech sector.
Strategic signal
In January 2016, Clink launched its no-fee app, which automates investment and saving plans for mobile users. This launch signaled Clink's entry into the consumer fintech market with a product designed to simplify personal investing, highlighting its focus on accessibility and user-friendly financial tools for a digitally native generation.
Company Intelligence Q&A
- What is Clink's primary offering?
- Clink provides a no-fee investment app designed to automate personal investment and saving plans for individuals, allowing customizable investment strategies.
- When was Clink founded and by whom?
- Clink was founded in February 2014 by Eyal Fruchtman.
- What was a significant product launch for Clink?
- In January 2016, Clink launched its no-fee app, which automates investment and saving plans specifically targeting the mobile generation.
- What is the operational status of Clink?
- Clink is currently non-active and ceased to operate in December 2019.
- What is Clink's primary offering?
- Clink provides a no-fee investment app designed to automate personal investment and saving plans for individuals, allowing customizable investment strategies.