Velvet is a software company that operates in the financial technology sector. The company's main offering is an automated trading software that enables private investors to trade in foreign exchange markets. The software is designed to be user-friendly and requires minimal effort from the user, making it suitable for both beginners and experienced investors. It is based in Limassol, Cyprus.
Velvet's Product Videos
Velvet's Products & Differentiators
We only offer 1 product which is our AutoInvest signal. It is available in 3 risk categories: Ultra, Blue and Pro. To use it, a user creates a broker account under his own name, where he will hold and manage his funds. Once the account is funded, he can connect it via an API to our trading signal and will from then receive all trading opportunities found by our algorithms to his own account, in the correct size relation to his balance. He is free to turn off the service at any time. Fees are based on a performance fee calculated via HWM. There are no minimum holding periods and the client can trade manually alongside our algorithm. The algorithm only trades foreign exchange pairs through low cost CFDs.
Expert Collections containing Velvet
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Velvet is included in 2 Expert Collections, including Wealth Tech.
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Velvet Frequently Asked Questions (FAQ)
Where is Velvet's headquarters?
Velvet's headquarters is located at Thessalonikis 59, Hara Court 301, Limassol.
What is Velvet's latest funding round?
Velvet's latest funding round is Seed.
How much did Velvet raise?
Velvet raised a total of $1.3M.
Who are the investors of Velvet?
Investors of Velvet include Yair Goldfinger.
Who are Velvet's competitors?
Competitors of Velvet include eToro and 1 more.
What products does Velvet offer?
Velvet's products include Velvet AutoInvest.
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