Stake, a Sydney, Australia-based fintech company, raised $90m in Series A funding.
Having announced an initial $40m Series A funding round in May 2021, the Series A extension provides Stake with an additional $50m to reach $90m. The Series A included Tiger Global and DST Global Partners.
Founded by Matt Leibowitz and Dan Silver in 2017, Stake is an online brokerage for Australian investors in U.S. stocks.The company also launched an ASX platform with $3 CHESS-sponsored trades and is slated to enter the crypto space shortly.
Since its launch, Stake has attracted over 500,000 customers, and more than $2 billion in funds under administration.
FinSMEs
02/05/2022