Fintech company Sharegain raises $64 million for securities lending platform
Sharegain, a fintech company, announced on Wednesday that it has raised $64 million in Series A funding for its securities lending platform.
The round was led by Bain Capital Ventures, with participation from existing investors Bessemer Venture Partners, Index Ventures and entrepreneur Boaz Yaari.
The Sharegain platform allows institutional investors to borrow and lend securities quickly and easily.
The company says that its technology can match lenders and borrowers in seconds, without the need for middlemen.
“Securities lending is a critical piece of the financial ecosystem but it has not seen significant innovation in years,” said Yaari, who will also join Sharegain’s board of directors.
“Sharegain’s modern platform delivers an efficient and secure experience for all participants.
Introduction: Fintech company Sharegain
Sharegain is a fintech company that has developed a securities lending platform.
The company was founded in 2014 by Boaz Yaari, who is also the CEO.
Sharegain’s platform allows investors to borrow and lend securities in a secure and efficient manner.
The company has raised $2 million in funding to date, and it is currently operational in the United States and Israel.
What is Sharegain?
Sharegain allows institutional investors to lend their securities to other investors for a fee.
This provides investors with liquidity and the ability to generate income from their holdings.
Sharegain also allows borrowers to borrow securities for a fee.
This provides them with liquidity and the ability to invest in new securities.
Sharegain has been featured in publications such as Forbes, VentureBeat, and Yahoo Finance.
The company is headquartered in Tel Aviv, Israel.
How does Sharegain work?
Sharegain is a securities lending platform that connects borrowers and lenders of securities.
The company offers a technology-driven solution to streamline the securities lending process.
The company’s platform allows institutional investors to lend their securities and earn incremental income, while providing borrowers with access to liquidity.
Sharegain’s technology automates the entire process, from loan initiation to settlement.
The company was founded in 2015 by two veterans of the financial services industry.
Sharegain is headquartered in New York City.
Benefits of Sharegain
Sharegain offers a number of benefits to investors.
For starters, the company’s technology makes it easy for investors to borrow and lend securities quickly and easily. Sharegain also offers a secure platform that is compliant with all relevant regulations.
In addition, Sharegain has built a strong network of institutional and retail investors who use the platform to borrow and lend securities.
Sharegain’s competitive edge
Sharegain’s competitive edge lies in its ability to offer a low-cost, high-quality service.
The company has been able to attract large institutional investors,
such as pension funds and insurance companies, thanks to its technology and its focus on customer service.