Public.com Acquires HyperCharts Data Analytics Platform
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Public.com Acquires HyperCharts Data Analytics Platform

On Thursday January 20, Public.com announced that it acquired HyperCharts, a financial data visualization platform. The firms did disclose the transaction details.

Public.com Acquires HyperCharts Data Analytics Platform

On Thursday January 20, Public.com announced that it acquired HyperCharts, a financial data visualization platform. The firms did disclose the transaction details. Public.com now plans to incorporate HyperCharts across its platform to allow its customers to track investment markets in real time. With HyperCharts, Public.com will arm its traders with aggregated and dynamic market data, presented in a highly actionable format, all with its investment platform.

Public.com is an investing platform that helps consumers to become better investors. On the platform, people can learn how to build their investment portfolio through community collaboration, relevant information, and unique features for discovering new tips. Public.com sees HyperCharts as a way to bring that data visualization and analysis component to its platform and take advantage of the data locked inside its products.

HyperCharts is a data visualization platform that offers fundamental financial and business metrics for publicly-traded companies. Founded by Galileo Russell and Moe Salih in 2019, HyperCharts provides data summarizations and visualizations for hundreds of the most major publicly-traded companies. Its platform contains robust financial metrics such as operating expenses, net income, and revenue growth, and other applicable signals important to investors such as subscriber growth and streaming memberships.

Galileo Russell, the cofounder of HyperCharts, talked about the development and said: “One chart is worth 1,000 numbers. We built HyperCharts to make financial analysis easy, fun, and approachable for the masses by turning complex SEC filings into simple, interactive charts. I’m so excited to partner with Public to expand the capabilities of our financial visualization software. HyperCharts’ mission to democratize financial markets and education for all could not be more aligned with what Public is doing.”

Public.com Is Making Investing Process Simpler and Easier

The announcement by Public.com comes at a time when the investing platform seeks to make various investment products more accessible to more people as much as possible. The company believes that the major reason why many people do not invest is because of expensive financial products, lack of financial literacy, and rising share prices that can require people to invest $1,000 or more to buy a single share of popular high-performing stocks. Public.com provides a social investing platform that allows people to follow friends and experts, see what they are investing in,    exchange  ideas, and improve financial literacy. In February last year, Public.com raised a $200 million    funding round  to expand its business. In October last year, the firm also added cryptocurrencies to its offerings to allow traders to hold, sell, and purchase digital assets.

On Thursday January 20, Public.com announced that it acquired HyperCharts, a financial data visualization platform. The firms did disclose the transaction details. Public.com now plans to incorporate HyperCharts across its platform to allow its customers to track investment markets in real time. With HyperCharts, Public.com will arm its traders with aggregated and dynamic market data, presented in a highly actionable format, all with its investment platform.

Public.com is an investing platform that helps consumers to become better investors. On the platform, people can learn how to build their investment portfolio through community collaboration, relevant information, and unique features for discovering new tips. Public.com sees HyperCharts as a way to bring that data visualization and analysis component to its platform and take advantage of the data locked inside its products.

HyperCharts is a data visualization platform that offers fundamental financial and business metrics for publicly-traded companies. Founded by Galileo Russell and Moe Salih in 2019, HyperCharts provides data summarizations and visualizations for hundreds of the most major publicly-traded companies. Its platform contains robust financial metrics such as operating expenses, net income, and revenue growth, and other applicable signals important to investors such as subscriber growth and streaming memberships.

Galileo Russell, the cofounder of HyperCharts, talked about the development and said: “One chart is worth 1,000 numbers. We built HyperCharts to make financial analysis easy, fun, and approachable for the masses by turning complex SEC filings into simple, interactive charts. I’m so excited to partner with Public to expand the capabilities of our financial visualization software. HyperCharts’ mission to democratize financial markets and education for all could not be more aligned with what Public is doing.”

Public.com Is Making Investing Process Simpler and Easier

The announcement by Public.com comes at a time when the investing platform seeks to make various investment products more accessible to more people as much as possible. The company believes that the major reason why many people do not invest is because of expensive financial products, lack of financial literacy, and rising share prices that can require people to invest $1,000 or more to buy a single share of popular high-performing stocks. Public.com provides a social investing platform that allows people to follow friends and experts, see what they are investing in,    exchange  ideas, and improve financial literacy. In February last year, Public.com raised a $200 million    funding round  to expand its business. In October last year, the firm also added cryptocurrencies to its offerings to allow traders to hold, sell, and purchase digital assets.

Source: https://www.financemagnates.com/fintech/publiccom-acquires-hypercharts-data-analytics-platform/

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