Will Accelerate Growth of Trading Platforms with Focus on Handheld Devices
SAN FRANCISCO, CA, April 12, 2018 (GLOBE NEWSWIRE) -- APT SYSTEMS, INC. (PINK OTC: APTY), a fully-reporting, publicly-traded, financial technology company, today announced it has raised $600,000 in its Seed funding round. Led by TRITON FUNDS, the new fund launched by students at the University of California, San Diego (UCSD), the investment will drive the continued expansion of APTY’s Intuitrader trading platform and stock charting application, KenCharts. The investment comes as the Company experiences solid acceptance with KenCharts iOS Version 1.0 and prepares to launch its Android version. Delivering a Kencharts 2.0 with real time data and proprietary indicators is soon to follow.
“We are excited to partner with TRITON FUNDS and support the student-led initiative to offer students real-world experience,” said Glenda Dowie, founder and CEO of APT Systems. “This is an enthusiastic vote of confidence in our company and we welcome the capital and millennial touchÔ the students bring to our business.”
APTY provides convenient tools for traders to study charts. Through the Smartphone and tablet applications, users can access North America markets and equities charts while on-the-go. The company is also researching the demand for cryptocurrency and token charting tools.
“Mobile charting and trading is a highly disruptive industry, and Glenda has her team focused on applying their platform innovations across all mobile devices; APTY’s technology platforms have broad applications that support their subscribers and drive growth. We are excited to lead this round of financing and assist them in shaping the future of the industry.” said Yash Thukral, co-founder of TRITON FUNDS.
Nathan Yee, co-founder of TRITON FUNDS, added, “We were able to check all of the boxes, when conducting our due diligence on APTY, for our fund’s Q1’18 investment initiative – the company is located in California, it is utilized by alumni, and it is led by a female founder; not to mention, it’s mobile and has the potential to transform charting and trading as we know it today.”
APTY’s senior leadership also has deep experience across the financial technology industry, including Joseph Gagnon, CTO, previously at Branagh Information Group, and Carl Hussey, CFO, a trader who previously served at the United Nations Disengagement Observer Force (UNDOF). In addition to Glenda, Joseph and Carl had joined the Company’s board of directors in its early days.
“The emergence of fintech has only just begun.” said Sam Yaffa, co-founder of TRITON FUNDS. “As millennials learn the importance of investing to grow their money, companies like APTY provide us with the tools to do so with ease.”
Individuals can download and sign up to create their own watch list at www.kencharts.com/downloads or visit the Apple App Store.
About APT Systems Inc.: APT Systems Inc. is a financial technology company that provides platforms including trader access to proprietary charting tools, via the KenCharts application, and plans to launch its innovative trading application, Intuitrader, later this year. The Company is committed to delivering superior stock trading methodology that provides consistent returns while protecting principal. The application can be downloaded here.
About TRITON FUNDS LLC: TRITON FUNDS LLC is a student-run private investment fund founded by undergraduates from the University of California, San Diego (UCSD). TRITON FUNDS provides students the invaluable opportunity to gain real-world experience investing alongside experienced financial professionals. We invest in high performing teams with revolutionary aspirations to grow their company into industry leaders. TRITON FUNDS creates an ecosystem that assists talented entrepreneurs in successfully growing their ideas and maintaining strong community ethical standards. We provide strategic capitalization, business development support, and engineered exits to organizations we believe have a viable future in the modern economy.
TRITON FUNDS LLC is not a subsidiary of the University of California, San Diego (UCSD) administration or its student body. The fund is a separate entity from the school and should be treated as such.
Disclaimer - Forward Looking Statements: This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements; projected events in this press release may not occur due to unforeseen circumstances, various factors, and other risks identified in a company's annual report on Form 10-K and other filings made by such company. APT Systems, Inc (APTY) may opt to disseminate information about itself, including the results of its operations and financial information, via social media platforms such as Facebook, LinkedIn, and Twitter.
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