Our Story
In 2020 alone, at least 10 million new investors entered the stock market and retail trading activity doubled. Fueled by meme stocks, WallStreetBets conversations spiked above 800,000 a day, while daily investing app downloads topped 400,000–now totaling 20 million users by some estimates. Most are new millennial and Gen Z investors, without prior investing knowledge outside of social media.
hale was founded and registered in 2000, but our story starts fully in 2020. hale’s managing director and co-founder, Damien Radouane, saw firsthand how market crashes hit everyday investors the hardest. Now, tens of millions more lives change dramatically when the market makes corrections or sharp ups and downs.
With an inflated market and more volatility, more is at stake than ever before. For young or old, active retail investors, this means being vulnerable to the increasingly dramatic stock and financial market swings that could wipe out savings, cause crushing debt, or wreak havoc on financial stability.
That’s why we at Bit Halehave built a technology to put the power of data-driven, strategic investing in people’s hands. We strive to give everyone a chance to build stronger financial futures.