He said: “Young people realised they could invest their money in a smart way, after the crypto fad.”
The fintech startup has developed an app that allows its young customer base, currently consisting of 10,000 users, to buy and sell UK stocks for free, and with no minimum portfolio size.
UK stocks have been periodically hit by the uncertainty of the Government’s Brexit negotiations. However, Mr Dodds does not think this will turn traders away from his app.
New traders should realise the opportunity of getting stocks cheap now in the hope they will rise in the near future after the Brexit chaos is over, he said.
“The stock market is not the hottest thing right now. There are market ups and there are market downs, but it is actually the best time to start buying, because you know it is going to go up again,” said Mr Dodds.
He added that people should still “play around with crypto” investing in it is “a bit of fun”.