Concorde Capital, an investment firm that has been operating in the Ukrainian market since 2004, plans to lower the entry threshold for investors in its projects and launch retail investment products, according to Ihor Sotnyk, managing director of Concorde Capital’s investment banking department.
“We have already prepared this infrastructure and plan to launch products—including government bonds and other products that will be available to retail investors—and to develop this segment,” he said during a discussion on the prospects of the Ukrainian stock market organized by the Kyiv International Economic Forum last week.
Sotnik noted that the investment group began with joint investment initiatives, “investing in infrastructure, in the app, and in an asset management company.”
“The numbers show that there is money in the domestic market and people are still investing,” he explained, referring to Concorde Capital’s plans to develop such investment products.
The department director added that a successful example was the Encraft project for joint investments in distributed generation and energy storage systems, which managed to attract investors and launch the first phase.
In addition, the investment group launched a mobile app and digital investment platform called “Statock,” which currently lists three projects with a minimum investment threshold of $9,000.
At the same time, the Statock website states that in the third quarter of this year, the company plans to launch an investment module with a minimum investment threshold of just 1,000 UAH for government bonds, stocks, and bonds, as well as ETF funds, featuring savings accounts, automatic reinvestment, and portfolio management.
In addition, the launch of an AI-powered robo-advisor for selecting investment instruments and a PFM (personal financial manager) is scheduled for this quarter, while brokerage services are set to launch in the fourth quarter of this year.
It is noted that Statock is a fintech product of Concorde Capital’s subsidiary IT company, Concorde Fintech LLC, which, together with its partners, develops software for automating the retail investment business in Ukraine.
The investment firm Concorde Capital, founded and led by Ihor Mazepa, states on its website that in more than 20 years of operating in the market, it has secured $4 billion in investments for clients, executed more than 100 deals, and has more than 1,000 corporate clients and more than 100,000 investors involved in investments in real businesses.
