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BMO Invests in StockPick to Enhance Financial Tools for Canadians

Published March 19, 2024

An investment from BMO will introduce innovative financial content and solutions to Canadian investors.

The financial landscape for Canadian investors is set to transform with a new strategic investment by the Bank of Montreal (BMO) into StockPick, a cutting-edge financial content app designed to cater to the needs of modern investors. This initiative is set to expedite the creation of unique products and features, further advance the app's reach, and enable Canadians to make well-informed financial decisions with access to expert content.

BMO's Strategic Partnership with StockPick

Charles Qi, the Co-Founder and CEO of StockPick, has expressed enthusiasm for the collaboration with BMO, which aims to fast-track the application's presence within the Canadian market. The goal is to present young, savvy investors with insightful financial solutions backed by professional-quality data.

Recognizing the trend where younger investors increasingly turn to online platforms like YouTube and TikTok for investment insights, StockPick offers a trusted alternative that stresses on quality content delivery through a user-friendly mobile interface.

Since its launch in early 2023, StockPick has already captured the attention of over 40,000 users on both iOS and Android platforms. Differentiating itself from social media channels where unrestricted user-generated content prevails, StockPick curates professional financial news and research, ensuring a balance of authenticity and engaging user experience.

Empowering Investors with Quality Content

Andrea Casciato from BMO highlighted the importance of providing top-tier services and solutions aligned with customer needs. BMO's investment in StockPick underscores the commitment to meet the digital-native clientele where they are, delivering precise and action-driving financial advice.

This financial infusion will bolster StockPick's momentum, paving the way for fresh content and innovative app functionalities. Among its recent advancements, the app has rolled out a subscription model, featuring real-time intraday market data and exclusive weekly insights from leading market strategists.

StockPick is readily available for free download in Canada, the U.S., and the UK, offering high-grade financial news, research, and educational content. The application utilizes succinct video formats to assist investors in staying current, optimizing their time, and gaining a competitive edge in the market.

About StockPick

StockPick is a financial mobile application that delivers superior financial news, analyses, and educational resources. Through brief video segments, it simplifies the complex financial world for investors, enabling them to make sound decisions and work toward their financial objectives. The app is powered by a team of experts from the capital markets and financial reporting sectors, all committed to providing users the means to succeed in their investment journeys.

investment, BMO, StockPick