Making investment decisions on the go is fast becoming a trend within the financial industry.
The merging of networks, infrastructure, and relationships between different asset types occurs faster than we think.
The future presents a different paradigm. One where everything is so tangled and bundled together that separating them would be a nightmare.
The next best thing is having apps that track everything on the go because of the rapid rise and switch to mobile technology.
Delta App tracks investments seamlessly without the need to switch portfolios. Especially in an age where time and attention have become assets in themselves.
eToro powers the Delta App and provides a single interface for almost everything needed by the retail investor. So much so that since its founding and deployment in 2017, it has become one of the fastest-growing portfolio tracking platforms.
We had a sit-down with Nicolas Van Hoorde, founder at Delta App. He told us about investment portfolio tracking and more.
Nicolas Van Hoorde Founder at Delta App
What is the advantage of having an all-in-one overview for investment portfolio investment tracking?
Nowadays, more and more people are investing in crypto aside from just stocks and funds.
Crypto is becoming an important part of everyone’s investing portfolio.
Keeping track of all your investments in one place makes it easier to see how every single asset is performing at all times, based on that, investors can make faster and smarter decisions about their investments.
How have cryptocurrencies become part of mainstream investment portfolios?
In developing countries with less access to traditional brokers, cryptocurrencies are becoming an important investment vehicle due to the easier accessibility.
In developed countries people invest in crypto due to the massive gain potential.
Crypto is a high risk/high reward investment, many researchers have also concluded that allocating 1-5% of your portfolio to crypto would be a good idea.
In light of coming web3 regulations, what are the major critical issues investors must consider when making decisions?
Investors need to be prepared for any issues with tax authorities or other government bodies.
They need to have information about the buying prices, selling prices, amount invested in dollar figures etc. This data is essential and will definitely come in handy when facing any regulatory issues.
Please, can you tell us more about the DELTA APP?
Delta is the number one multi-asset investment tracker.
You can track all your stocks, cryptocurrencies, funds & more in this app. The app has more than 11,000 cryptocurrencies & 40,000 stocks.
There are also smart notifications to give you alerts about relevant asset and portfolio metrics.
What benefits do investors gain from using the DELTA APP?
They get a crystal clear overview of all their investments in one app.
With real time data and news about their various assets.
Aside from that the app has a slick design and is very easy to use. You don’t even have to make an account to use Delta.
Why did your team consider combining investment portfolios under one umbrella?
Because we wanted it ourselves!
Being a retail investor in a variety of asset classes, made the problem apparent from the get go.
“Wait? How much did I invest in total?” and even more so “How much profit did I make?”.
We wanted to solve our own problem, so we did.
What are the technologies behind the DELTA APP?
Delta is built in React Native, driven by Node JS. Databases are MySQL and we’re running on AWS.
How did the DELTA APP become one of the fastest-growing portfolio apps in the world?
Delta was founded in 2017 as a cryptocurrency tracker, back then crypto was not as big as it is today and there were very few options to track all cryptocurrencies from various exchanges in one place.
So when we launched, it was immediately a hit since there wasn’t really a good solution out there.
In 2020 we started integrating stocks, funds & more to become an all-round investment tracker.
Now we’re the biggest multi-asset tracking app.
The global increase of the amount of crypto investors and retail stock investors made Delta an essential app for anyone who invests in crypto and stocks.
How can investors make investment decisions in real-time?
Delta has direct connections with more than a hundred cryptocurrency exchanges, making sure we always have the latest real-time price.
For stocks, we also tap into the data coming from tens of different stock exchanges, including Nasdaq, NYSE, Euronext, London Stock Exchange and more.
Based on the contract specifications, the data here can be 15 minutes delayed.
How does DELTA APP’S connection with more than 5,000 banks and brokers enable seamless connections and linkages for investors?
We work with a couple of third parties that give us a direct way to tap into these thousands of banks & brokers. Those third parties’ core business is connecting with banks, for various use cases, including ours.
So it was a no-brainer to work with these parties instead of having to do the connection work ourselves, bank by bank, broker by broker.
Please, can you tell us about the user experience of the DELTA APP?
Ever since Delta launched back in 2017, user experience and user interface is what set it apart, resulting in us winning the Webby Award for best Mobile UI/UX.
Delta’s user experience is probably the number one thing that sets it apart from the pack, thanks to neatly integrating innovative features in an easy to understand and simple to use manner.
What is the effect of single interface asset tracking on investment returns?
By using Delta you will know how every asset from the various asset classes is performing in real time.
This can help you understand the performance of the different asset classes which can ultimately lead to improved investment returns.
How does the DELTA APP team deal with the various regulations put in place by financial regulators regarding different types of assets?
Given that Delta doesn’t enable any trading, transacting or storing of funds, financial regulations don’t apply to us, like they do for exchanges, wallets, etc.
Please can you tell us about the team behind DELTA APP?
Delta is a 20 people team, with offices in Ghent, Belgium.
About 70% of the team is located in Belgium, the other 30% is scattered around the world, going from Canada all the way to Australia.
We’re a very young team, with an average age well below 30.
We’re a really close knit bunch. 🙂
How did DELTA APP cover a broad investment portfolio?
It happened organically.
Going from crypto, moving to stocks, funds, indices, forex.
And now very soon also NFTs!
Please can you tell us about your partnership with eToro?
Well, they’re more than just a partner.
They’re our ‘mother’ and they empower and enable us to scale and achieve our goals.
It’s always a bit of a wait and see after an acquisition, but it’s been great so far!
Do you have any plans for the decentralized finance (DeFi) space? Please can you tell us about this?
We want to make sure we cater towards investors that are active in the DeFi space.
We do this already by supporting many DeFi tokens and having support for staking.
There’s much more we can do though, it’s on our roadmap.
What are your plans for the next decade?
Grow the team, grow our supported assets and grow our user base.