Redvest App

Market position

Positioned as an education-first alternative to live brokerage apps, the product is described in its App Store listing as a top 30 US finance app with over 100,000 downloads; the company website describes Redvest as a top 30 ranked finance app with over one million users. Caplight classifies it as a private FinTech company in the investment platforms, personal finance and gaming verticals, ranking it in the top 50% of tracked companies by momentum. The company describes itself as female owned and operated.

Combines zero-risk paper trading at live market prices with short-form gamified learning (30-second games, quizzes, competitions) and a certification-bearing course that adds career services such as resume review, interview preparation, internships and recommendation letters — positioning the product between pure trading simulators and structured finance education rather than as a live brokerage.

Technology

A real-time market simulator that mirrors live stock and crypto prices using brokerage and paper-trading APIs from Alpaca Securities LLC and AlpacaDB, Inc., combined with code-based automated trading strategies (take-profit and technical-analysis based), automation, limit and stop-loss order handling, margin and short-selling simulation, and market news and charting feeds. The learning product is supported by an AI assistant, "Bot Reddy," and the company states its course content was developed by finance experts and assisted by AI. The iOS app requires iOS 15.0 or later, is approximately 51 MB, and is also compatible with iPadOS, macOS 12.0 on Apple silicon, and visionOS.

Go-to-market

Distribution is direct-to-consumer through the Apple App Store (free download with in-app purchases) and the company website, supported by gamified engagement features such as competitions, leaderboards and multiplayer game rooms, keyword-heavy app-store positioning against mainstream trading apps, user testimonials, and references to media coverage on MarketWatch, Benzinga and Fox.

Beginner and aspiring retail investors, including high school, college and graduate students, and working professionals who want to learn stock, crypto and options investing without financial risk; the course tiers are explicitly segmented by experience level. Minors may use the service only with parent or guardian permission and supervision.

Geography

US-based and English-language only. Corporate contact address is 9171 Wilshire Blvd, Beverly Hills, CA 90210; Caplight lists the headquarters state as California. The app is distributed internationally through the Apple App Store.

History

Caplight records the company as founded in 2022 with an employee range of 1. The iOS app's public version history shows releases from at least August 2023 (version 1.8.6) through version 8.4.6, with user reviews and developer responses dating to mid-2021. Version 2.0.x releases in 2024 added multiplayer game rooms, and version 8.4.0 introduced paper trading with a virtual portfolio at real market prices and a head-to-head "Buy or Sell" stock-picking game. The terms of service, issued by Redvest Inc, were last updated on 2025-05-31.

Risks & controversies

Performance and outcome claims are self-reported and differ materially between the company's own pages (for example, 1 million users and $158M in user virtual profit on the homepage versus 100,000 Redvesters and $65M in collective profits on the course page, and 82% versus 85% of users profitable). App Store marketing has at times referenced switching to real-money trading and linking a brokerage account, while the current listing states there is no real money or investment in the app and that purchases only subsidize play money or in-app experiences with no monetary value. The terms include extensive disclaimers: Redvest is not a financial advisor, makes no guarantee of execution, cancellation, modification, security or performance of automated strategies, and states that automated strategies may use popular references to products, businesses or individuals that do not constitute endorsements. The product is also aimed in part at minors, who require parent or guardian consent.