Gotrade gets $7M led by LocalGlobe to let investors around the world buy fractional shares of U.S. stocks
Stock in many American companies, like Amazon, Alphabet or Tesla, can host hundreds or thousands of dollars per share. Fractional trading, or buying part of a single share through a brokerage, makes them more accessible at least to people within the United States. Investors in other countries, however, often have to pay high fees through interactive brokers. Gotrade makes fractional trading of U.S. stocks available to people in 150 countries, and charges a minimum of just one dollar.
The startup announced it has raised $7 million in seed funding led by LocalGlobe, with participation from Social Leverage, Y Combinator, Picus Capital and Raptor Group. The round also included angel investors like Matt Robinson, co-founder of GoCardless; Carlos Gonzalez-Cadenas, former chief product officer of Skyscanner; Frank Strauss, former head of Deutsche Bank’s global digital business; and
Trading App Gotrade Raises $7 Million Seed Funding, Looks to Challenge Robinhood but with Global Twist crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Click HERE to find out ⭐ U.S. Fintech Rapyd Unveils Venture Arm For Digital Commerce & Payment Innovation Globally. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Rapyd Ventures to provide capital, strategic advice, and collaboration opportunities to accelerate growth MOUNTAIN VIEW, Calif. and SINGAPORE, June 3, 2021 /PRNewswire/ Rapyd, a global
Rapyd powers payments on J L Stream - the Made in India Social LIVE streaming social app
- Fast secured payments to live streamers in their preferred payment methods
SINGAPORE, March 16, 2021 /PRNewswire/ Rapyd, a global Fintech as a Service platform, is partnering with J L Stream (Jaldi Live), the new Made in India Social LIVE streaming app, to provide a complete payment solution to J L Stream users globally.
The social live-streaming app is promoted by Bollywood actor Shilpa Shetty Kundra, entrepreneur Raj Kundra, and an advisory board of industry visionaries like Raj Nayak - former chief of Viacom, Bunty Bahl - CEO at ITW Playworx Media & Entertainment, and Nandan Jha - former COO Ease My Trip. J L Stream is available in India and most countries around the world, offering streamers an opportunity to showcase their talent in any language, any time, and receive revenue.