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Parkside Closes $24 Million Series A Financing
Share Article SAN FRANCISCO (PRWEB) February 23, 2021 Parkside, a global stock trading and clearing platform for brokerages and digital banks, announced completion of its $24 million Series A financing. Shanghai, China-based Enlight Growth Partners (“EGP”) led the round, which included existing investors Mubadala Capital, FinTech Collective and Colle Capital, and new investors Peak6 Investments and Entrée Capital. Parkside will continue expanding its technology and brokerage services in support of its 2021 growth plans.
“We’ve built an immutable, low-cost digital platform to unlock access for Millennial and Gen Z investors everywhere,” explains Parkside Founder & CEO Barry Schneider. “Our core principle is all investors deserve best execution. Imagine the simplicity and affordability of investing as little as $1USD in any US stock, ETF or ADR and receivi