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Shareclarity gets green light from Australian regulator

Fuseworks Media
Fuseworks Media

This week marks the Australian expansion of Shareclarity, a first-of-a-kind information platform that provides collaborative company analyses and share price valuations.

Shareclarity has been granted its Australian Financial Services License (AFSL), which was fast-tracked by the Australian Securities and Investments Commission (ASIC) Innovation Hub whose purpose is to "foster innovation that could benefit consumers by helping fintech startups navigate the regulatory system".

Founder and Managing Director, Daniel Kieser, says that around the world people are moving towards the notion of ‘Google wealth’. They want to understand their investments better and they want more control over their investment decisions. To do so, they’re asking for relevant information, transparent information and independent information about what companies do and what their shares could be worth.

Kieser says the move into Australia is a challenging and exciting one.

"We are obviously delighted and are eager to help more people understand the share market. What we have learned is that people want to make their own investment decisions and they want to find investments that resonate with them personally. They also want to learn about different companies in their own time, without complexity and with the benefit of fully transparent and independent information".

Shareclarity is designed for anyone and everyone who is interested in shares. It tries to demystify the share market by building a transparent window into how companies operate and what their shares could be worth. Shareclarity’s users already have access to over 150 ASX and NZX listed companies across a range of industries that they can discuss, challenge and modify in ways that haven’t been previously possible.

Shareclarity is the brainchild of Kieser, a former equity research analyst who struggled with the idea that one person could know more about a business than many. "One person may know a lot about a business, but ten people will likely know a lot more," he says.

"With information, people could engage more constructively with their advisors, investors could self-manage more of their portfolios, students could apply their learnings, fund managers could challenge their perspectives and financial advisors could broaden the range of companies they advise on".

Shareclarity is uniquely placed to help over 1.1 million self-directed investors and self-managed superannuation investors in New Zealand and Australia assess a wider range of companies.

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