Dub: the copy trading app that has teens talking

Dub app lets users copy trades of top investors, aiming to reshape investing.

: Dub, founded by Steven Wang, allows users to follow and copy trading strategies of top investors. The app charges a $10 monthly subscription and takes a 25% cut of some management fees. Dub has 800,000 downloads and $17 million in seed funding, targeting the influencer-driven investing trend. It has regulatory safeguards, distinguishing itself from competitors like Robinhood.

Dub is an innovative platform founded by Steven Wang, which merges investing with social media influence, enabling users to follow and replicate the trading strategies of seasoned investors and influential figures. With $17 million in seed funding and over 800,000 downloads, Dub positions itself at the intersection of retail investing and influencer power, capitalizing on trends like those seen in the GameStop saga.

The app uses a subscription model, charging users $10 per month, and also takes a 25% share of management fees from top portfolios. By adopting a copy-trading methodology, Dub encourages users to make educated investment choices while avoiding the pitfalls associated with blind speculation, offering essential tools like risk scores and portfolio stability metrics.

Wang emphasizes Dub’s commitment to regulatory compliance, ensuring that it adheres to financial regulations. Dub seeks to educate its users and provide expert guidance to mitigate against risky, uninformed trading, setting itself apart from platforms like Robinhood, which have faced regulatory challenges.