7 years ago

Sharegain Raises $12 Million to Expand Securities Lending Platform

  • Sharegain, a UK-based fintech startup, has raised a total of $12 million to support the roll-out of its securities lending platform to private banks, online brokers, robo-advisers, and family offices

  • The funding, over two rounds, comes from Venture Capital firms Blumberg Capital, Target Global, Maverick Ventures Israel, Rhodium, and private investors from the financial industry

  • Sharegain's platform aims to create a more transparent and effective market for securities lending, making it accessible to retail investors and financial institutions alike

  • The company believes that the securities lending market has significant untapped potential, with about $40 trillion in assets currently sitting idle globally.

      • ProblemFinancial Services

      "Making financial assets such as stocks, bonds and ETFs work harder for their owners by generating additional revenue through securities lending."

      Solution

      "Sharegain's platform allows any investor to lend out their financial assets, generating revenue through 'lending revenue'. The platform simplifies the securities lending process at scale and opens up the opportunity of securities lending to retail investors for the first time."

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