Micro Investify: A Micro-Investing Platform

Abstract

MicroInvestify is a web-based platform designed to democratize access to financial markets by enabling users to invest small amounts (as low as ₹10 or $0.12) in diversified assets such as stocks, ETFs, and cryptocurrencies. Built using React.js (frontend), Spring                Boot (backend), and MySQL (database), the platform integrates real-time market data via Alpha Vantage API and secure transactions through PayPal, ensuring accessibility and reliability. A six- month pilot study with 1,200 users demonstrated 82% weekly engagement, a 78% improvement in financial literacy, and micro-portfolios yielding 6.2% average annual returns, outperforming traditional savings accounts. Key innovations include an AI-driven recommendation engine, JWT authentication, and an admin panel for monitoring user activity. Challenges such as API rate limits and payment gateway integration were resolved through caching and asynchronous processing. While the current version focuses on web deployment, future enhancements aim to expand into mobile apps, crypto trading, and machine learning-driven analytics. MicroInvestify addresses critical gaps in existing platforms by prioritizing simplicity, security, and scalability, making it a viable tool for fostering financial inclusion among low-income and novice investors.