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Snapchat as a wealth manager and start-up launches are among the week's L.A. tech highlights

Snapchat as a wealth manager and start-up launches are among the week's L.A. tech highlights

Snapchat Inc. is one of several companies considering adopting features to their apps that would enable users to invest in stocks and other securities from their smartphones, according to a report last week.

Without citing sources, news agency Reuters said Venice-based Snapchat as well as Twitter, Venmo, Mint and others could introduce automated money management services.

The technology companies have largely young user bases, likely without much extra cash. But as users age, the apps are seeking to keep pace by providing additional services. Finance, along with shopping, are two of...

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