Fintech—financial technology–is reshaping how investors manage their assets and finances. There are new tech advancements almost daily, making investing much more accessible, no matter where in Arizona you find yourself.

But, not all fintech tools are equal. This article will discuss six investment tools that have revolutionized the investing game. We’ll also discuss why you should consider using these tools to make smart investment decisions.

Top 6 Fintech Tools For Investors In Arizona

Let’s discuss the top six tools that investors in Arizona should consider.

1. Acorns

Acorns is an investing and savings mobile phone app that is accessible everywhere. This accessibility means you can check how your investments are doing, even while road-tripping through the incredible Arizona desert.

You can invest as little as $5, making it low-risk if you just got your foot in the investment door.

Acorns also allows you to diversify your investment portfolio by recommending different assets like stocks or EFTs.

2. Wealthfront

Wealthfront offers automated services created to help you build wealth. This service is an excellent option for a young professional in Arizona as it allows you to create a diversified portfolio.

Thanks to the automated feature, you only have to answer a few questions upfront before Wealthfront creates your portfolio. You’ll get access to global asset classes and index classes with just a few clicks.

And that’s it. Wealthfront takes care of all the trading and operational tasks, allowing you to sit and watch your money grow.

3. SoFi

SoFi is more than just a tool; it’s an online bank and personal finance company. SoFi has many investment features that allow you to invest in crypto, EFTs, IRAs, and more.

You can choose whether to invest actively or let SoFi take the reins and automate your investments. The latter is a good option if you’re new to investing.

SoFi stands out from the other tools on this list for its options trading platform. This platform is targeted at more advanced investors and traders. However, there are also a lot of educational resources to help novice traders get started. 

4. has a broad user base, so this could be your tool, no matter your career, age, or investment expertise. It’s powered by AI, removing the need for a human intermediary.

This platform provides investors with real-time data on the current market, ensuring they’re always well-informed.

Because of this access to data, creates strategic portfolios from over 2,100 assets, including stocks, EFTs, bonds, and commodities.

5. Robinhood

Robinhood was created to make investing more accessible to everyone. Historically, investing and trading were only limited to upper-class individuals. But today, you can start trading even if you’re a freshman at UA.

Thanks to this software, trading has become cost-effective and accessible, empowering everyone who uses it. The cost-effectiveness results from Robinhood not taking any commissions—a rare feature for investing platforms.

6. Betterment

Betterment is a great tool for beginners and expert investors. The software allows you to make intelligent investment choices and advise you on retirement planning.

If you dream of buying a house in Scottsdale and settling down, try Betterment. You can access their financial planning tools, budgeting guidance, and investment options for a small fee.

Betterment employs EFTs and considers your risk tolerance to help you manage your investments. 

Benefits of Using Fintech Tools

The tools mentioned above are not just to help you manage your finances. There are plenty of added benefits to using fintech tools:

  • Stay on top of market trends: Because these tools are constantly analyzing the latest market changes, you’ll always be able to be in the know.
  • Finding new income sources: You may know the most significant stocks in Arizona and the US, like Freeport-McMoRan and Avnet. However, these tools can help you uncover new assets and even global stocks to help diversify your portfolio and increase your revenue stream.
  • Effective decision-making: Even if the tool you use isn’t automated, it can still suggest where to put your money, helping you make smart investments.
  • Convenience: Many of these tools are available as smartphone applications. If not, they’re easily accessible online. This makes it convenient to check how your investments are doing and make any changes as the market fluctuates, even if you’re watching the Wildcats take on the State Sun Devils.

Wrapping Up

You no longer have to stay on the phone with your stockbroker for hours to invest. Today, technology has made investing and trading much more accessible.

These technological innovations have not only streamlined the investment process but have also democratized access to financial markets. Whether you are a seasoned investor or a novice looking to dip your toes into finance, these tools provide a level playing field.

The ease of use and accessibility of these platforms have dismantled barriers, allowing individuals to invest with greater confidence and autonomy.