Shark Tank Star Kevin O'Leary has found a solution to high-cost investing: allowing investors to buy fractional shares of stocks.

O'Leary launched Beanstox, an app that allows users to invest in 1,000 stocks and over 100 exchange traded funds with as little as $5 or $10. 

After speaking at events at colleges across the country, students would ask O'Leary how they can buy Apple (AAPL) shares if they only have $50. The stock trades at $175. Beanstox fills this gap, O'Leary says. 

"My goal by the end of Q1 [of 2018] is to have 100,000 people building their future [on the app]," O'Leary said. "We need to teach our young people how to invest."

O'Leary is chairman of O'Shares ETF Investments

Watch More with TheStreet:

 

Editors' pick: Originally published Nov. 13.

More from Video

Too Bearish Too Soon? Your Reality Check from Real Money's Helene Meisler

Too Bearish Too Soon? Your Reality Check from Real Money's Helene Meisler

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer: This Is a Sad Time for Southwest Airlines

Video: Jim Cramer on Advanced Micro Devices, Chipotle and Southwest Airlines

Video: Jim Cramer on Advanced Micro Devices, Chipotle and Southwest Airlines