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Commission-free retail brokerage Stake scores $30 million investment

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Commission-free retail brokerage Stake scores $30 million investment
8 hours ago
Australia-based commission-free brokerage platform Stake has scored $30M in new funding from Tiger Global and partners of DST Global to fuel its expansion into European markets.
Stake offers retail investors access to more than 4,400 US stocks & ETFs, alongside analyst ratings and price targets from Wall St firms.
In the past year the firm has grown its total customer base more than six times over, and launched in the UK, Brazil and New Zealand and now has more than 330,000 customers globally. ....

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Matt Leibowitz

Stake, a commission-free trading app for stocks and ETFs, launched Wednesday in the United Kingdom. Stake’s co-founder and COO, Dan Silver, spoke with Benzinga regarding the firm’s prospects.
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Stake is a commission-free, fractional trading application that allows global. Read More.
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Stake secures $40 million in funding, just months after GameStop debacle

Stake co-founders Matt Leibowitz and Dan Silver. Source: supplied.
Aussie share trading startup Stake has secured a massive $40 million in funding from international backers, just months after the Wall Street GameStop saga led to a service disruption and customer outrage.
Founded in 2017 by Matt Leibowitz and Dan Silver, Stake is a platform allowing Aussie retail investors to trade in US stocks.
The $40 million raise is a significant step up from the $3.5 million it raised through founder investment and family and friends back in 2019. It also sees the Aussie startup bring on big-name, international investors.
The round is led by US investment giant Tiger Global along with partners from London’s DST Global. ....

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stake | Benzinga

The Government of Singapore Investment Corp (GIC) has purchased a 5% stake in Bunge Ltd (NYSE: BG), according to a filing with the Securities and Exchange Commission.
GIC said in a filing to the SEC, that it had acquired 7.305 million shares of Bunge Ltd, valuing its stake at $496 million.
Bunge. Read More. ....

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DST Global | Benzinga

The number of outstanding shares of social media giant Facebook (NASDAQ: FB) increased 60 percent on Thursday, as the company s first major lockup period expired.
Since Facebook s IPO, analysts have become increasingly concerned by the company s poor showing.
Over the next nine months, around 1.. Read More.
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