Content Deep Dive
Abyan Capital Launches Wealth Management App for Investors in Saudi Arabia with Alpaca Broker API
Blog post from Alpaca
Post Details
Company
Date Published
Author
Sonia Sethi
Word Count
405
Language
English
Hacker News Points
-
Summary
Abyan Capital, a Saudi Arabian robo-advisor, was established in June 2021 to cater to the country's multi-billion dollar asset management industry, focusing on retail wealth management which none of existing players were addressing. The platform offers a seamless and easy-to-use investing experience with features such as onboarding completion in under 3 minutes, portfolio recommendations, and funding options like Apple Pay. Abyan Capital partners with Alpaca Broker API to provide its services, leveraging their modern APIs, well-documented process, and product velocity to support retail investors in Saudi Arabia. The platform has already reached over 100,000 app downloads within three months of launch.