• kaChing Gets $100M under Management and Gets All Wall Street with a New Name

    kaChing is trading its blingy Web 2.0 image for something more befitting the Wall Street powerhouse it wants to become. The company is renaming itself Wealthfront today, ringing the closing bell of the NASDAQ, and announcing a shift in focus from talented amateurs to professional mutual fund managers. It’s announcing new functionality that make the site less of a search engine for… Read More

  • Wikinvest Already Tracking $1 Billion In Portfolio Assets

    Sometimes a startup rolls out a new feature, and it just hits the sweet spot of what consumers are craving. It looks like Wikinvest has a hit on its hands with its new realtime portfolio tracker. Less than three weeks after its launch, Wikinvest is tracking $1 billion worth of real investments tied to the real brokerage accounts of about 10,000 members. The Wikinvest portfolio tracker… Read More

  • kaChing Raises $7.5 Million To Turn Mutual Funds On Their Heads

    kaChing, a new financial startup that’s looking to rethink the way people invest, has closed a $7.5 million funding round led by DAG Ventures. The company had previously raised $3 million from Silicon Valley notables including Marc Andreessen and Ben Horowitz (Andreessen Horowitz); Kevin Compton and Doug Mackenzie (KPCB); Dave Beirne and Bruce Dunlevie (Benchmark); Jeff Jordan… Read More

  • Covestor Now Lets You Trade Alongside Its Top Amateur Investors

    The end game for many social investing sites is to create their own investment management products that link member’s brokerage accounts to the trading data generated by the top portfolios on each site. Today, Covestor is the first major social investing site to launch a stock trading product. It is called Covestor Investment Management (CVIM). Covestor had to become an… Read More

  • OpenSocial Apps Invade MyYahoo: Mint, kaChing, WordPress, And More

    Yahoo just opened its doors to a bunch of new OpenSocial apps. People who use MyYahoo as a startpage can now add apps from Mint, KaChing, WordPress, and more. The apps include a small view which appear on your MyYahoo page, but can also open up into a canvas view (which is essentially a dedicated page on Yahoo for that particular app). The Mint app, for instance, gives you a dashboard view… Read More

  • Social Investing Site KaChing Opens Up API To Developers

    Social investing site kaChing is opening up its investment data API to the public and investors to create applications off of its platform. kaChing, which also has a popular investing app on Facebook, allows anyone to create a virtual portfolio to gain followers. kaChing lets members see the managers who are make the most money and how they are doing it. Soon, the managers will be able to… Read More

  • SEC Gives Social Investing Site kaChing Green Light To Take On Mutual Funds

    Every social investing site wants to turn the insights of its trading members into financial products that people can actually link to their brokerage accounts. Finding the few brilliant stock pickers in the crowd and then letting everyone else follow their portfolios while taking a cut of the management fees is the business model. KaChing, which is the most popular investing application… Read More