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Yunit - Investment Clubs

Yunit - Investment Clubs

Safe investment clubs

20 ratings
3 reviews
💰 Finance
🌐 Social Networking

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • October 13, 2022
  • August 28, 2023

Developer

Yunit Inc.
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Yunit - Investment Clubs screenshot #1 for iPhone
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Yunit - Investment Clubs screenshot #5 for iPhone
Yunit - Investment Clubs screenshot #6 for iPhone
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About

Invest with friends in a secure, social environment. Access over 6,000 US stocks and ETFs commission-free with as little as $5. Automate your investments and savings for consistent portfolio growth.

✓Invest together in groups
✓Access 6,000+ US Stocks & ETFs
✓Commission-free trading
✓Fractional shares from $5
✓Automated recurring investments
✓Automated savings plans
✓SIPC protection up to $500,000
Show original description

What's New in Yunit

2.2

August 28, 2023

- Experience our revamped onboarding process designed to enhance your engagement and provide a seamless journey. - Introducing a brand-new award system that rewards and encourages the best user behavior, making your experience even more enjoyable. - We've also squashed some pesky bugs to ensure smoother and more reliable performance.

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User reviews

Most RecentHighest RatedLowest Rated

Wow

Overall great product that has allowed me to learn about investing amongst mentors of mine in our own personal group! How cool is that!
555jojoape555jojoape

Perfect app to use with friends

Me and a small group of friends have been extremely into investing for the past couple years. Yunit has allowed us to truly talk about our thoughts and work together investing wise.

The app lets us easily invest together in a clear and concise way compared to other investing apps.
Bigboss108313Bigboss108313

Updated review

The whole idea of an investment club online is awesome. However, cannot seem to create a group, cannot seem to be able to make a deposit, cannot seem to be able to do anything with this app. Is it legit I don’t know. For now, one star hopefully something gets fixed quick.

UPDATE: The creator called me and discussed the issues I was having. In a matter of a few hours all issues have been resolved by the developers.

So far I am very impressed with the app and the concept of Investment Clubs. I am able to bounce ideas off the group, make investment decisions with input from others in my club, and my money and stocks are kept separate from others in the club.

I highly recommend this app to those who are new to investing and just don’t know where to begin.
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TruckerDerekTruckerDerek

Response from developer

Hey Derek - We have fixed the issues with your account now. Out sincerest apologies. If you have any other issues, please feel free to schedule a time with us. Our CEO would love to hear your concerns directly so that we can quickly make improvements. We appreciate the support & your feedback is helpful.

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FAQ

What is Yunit?

Yunit is a finance app designed to improve the investing experience for social investors. It allows users to invest together in groups, access over 6,000 US stocks and ETFs commission-free, and set up automated investments and savings plans.

How does Yunit ensure investment safety?

Yunit provides safe investment clubs where users are in full control of their money and assets. Funds are protected by the Securities Investor Protection Corporation (SIPC) up to $500,000, and the app uses biometric security like fingerprint or Face ID for account access.

Can I invest small amounts with Yunit?

Yes, Yunit allows you to own fractional shares in companies for as little as $5. This makes investing in popular stocks and ETFs more accessible, even with a small starting capital.

Does Yunit offer commission-free investing?

Yes, Yunit offers commission-free investing on all stocks and ETFs available on its platform. There are no custody fees, spreads, or inactivity fees, allowing users to keep more of their investment returns.

What types of investments are available on Yunit?

Yunit provides access to over 6,000 US stocks and ETFs across various sectors, including Technology, Finance, Energy, Healthcare, and more. Users can search, research, buy, and trade these assets.

How often is Yunit updated?

The latest version of Yunit is 2.2, and it was last updated on August 28, 2023. This indicates a relatively active development cycle for the app.

What devices support Yunit?

Yunit is supported on iPhone, iPad, and iPod devices. It is rated for ages 4 and up.

What are the main benefits of using Yunit?

Key benefits include the ability to invest with friends, access to a wide range of stocks and ETFs with no commissions, fractional share ownership, and automated investment and savings features to help grow a portfolio.