What is Grifin app?
Grifin is a personal investing app where you use your money to buy stock in the companies you love. We are not a rewards program… yet ;). Interest Financial, LLC ("Interest Financial") is an SEC registered investment adviser. By using this website, you accept our Terms of Use and our Privacy Policy.
Is Grifin a trademark?
grifin® is a registered trademark of Interest Investments, In c. Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, Grifin, LLC and its affiliates are not partners, affiliates, or licensees of these companies. The Grifin App is Patent Pending.
What is Grifin app?
Grifin is a new type of investment app that has generated a buzz on social media. Be sure to understand the concept before signing up, including its stock limitations. And you’ll need to bear with it as it goes through its growing pains as a broker.
What are the pros and cons of Grifin?
Here are a few perks of the Grifin app: Cash fund earns interest. If you make a purchase at a company that you can’t invest in, your $1 goes into a cash fund that earns interest, or you can use it to purchase more stocks. Fractional shares.
The background
Aaron Foug, co-founder of this stock purchasing application, mentioned in an online publication that, ‘... Investing in stock is an emotional process...’ This point is valid, as acquiring stocks or securities can be a daunting task.
How does it work?
Participating share options are loaded onto the program background. Next, you need to link a bank account to your profile. Secondly, add your card details to the application. The application now loads all participating vendors to your profile. All you need to do now is shop as you would normally.
The other options
Robinhood is a great platform, except for its ability to control sales for individual stocks. Alternative apps vary in this sector, and you’ll find apps that require intermediate to advanced knowledge. WeBull and Tradestation make acquiring stocks seamless, with minimal fees. Public, on the other hand, is ideal for beginner investors.
Our take
Financing the purchase of stocks is made effortless with the Grifin app. Making the leap from absolute beginner to novice stock trader takes courage, and parting with large sums of money isn’t easy. Downloading this app can help you gain experience with investing.
Should you download it?
Yes. Grifin is a great place to start to develop familiarity with the acquisition of stocks. Other apps you can try include Robinhood, WeBull, and Tradestation.
Who started Grifin?
Each dollar of ownership gives you the ability to vote on the future of the company. Grifin was started in 2017 by Aaron Froug and Bo Starr , two students at the University of Florida. In their last semester at UF, the two started working on an idea to help their peers build a better relationship with money.
What are the benefits of Grifin?
With Grifin, your ownership comes with benefits. You’ll share in the growth of the companies you own. When they make money, you make money. You also have the ability to impact the decision making of your companies. Each dollar of ownership gives you the ability to vote on the future of the company.
