Investing has long been the province of the rich. Because many investment funds ask for as much as US$10,000 up front, those who wish to augment their income must already have wealth. And, generally, the more money one invests, the lower the financial adviser fee. As a result, the deck is stacked against those with less disposable income. In Spain, Indexa Capital is using disruptive tech and lower investment thresholds to upend the system. Launched in December 2015, Indexa Capital originally followed the classical model: it cost €10,000 to invest in index funds through the platform. The s...
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