East Ventures on Instagram: "Founded in 2013 as a social network for stock investors, @stockbit has evolved into an app that integrates stock trading, information aggregation, and social networking. Today, it has become the leading stock investing app for millennials and the largest social network for investors in Indonesia. . Recently, it also launched @bibit.id , a robo-advisor app that helps people build a personalized portfolio and invest in an optimal way. It enabled investors to invest starting from as low as $1. . According to IDX data, the number of retail investors in Indonesia grew 40% YoY in 2018, mainly contributed by the millennials. However, the number is still less than 1% of the total population of this country. . "Despite its lucrative return, first-time traders in Indonesia still intimidated to make an investment in the capital market due to lack of knowledge, lack of access to high-quality wealth managers, and high fees of professional advisory services. With Stockbit, we aim to make investment easy and optimal for everyone,” said Wellson Lo, CEO of Stockbit. . Stockbit has successfully established its position as an important player in capital market industry and helps reduce the information asymmetry between the market, professional traders, and newcomers. We are confident that Stockbit can help Indonesia achieve higher participation of individuals to capital market, in a way that helps them maximizes their profit. . Link: bit.ly/EVstockbit . #eastventures #startup #venturecapital"