back Back

Shares raise $10 mn in pre-seed funding to launch the app in Autumn

By Joy Dumasia

August 27, 2021

Share

Shares.io announced the next stage of its journey to deliver “investing made social” and invites subscribers to join the waitlist for the Autumn launch of the Shares app in the United Kingdom, anticipating delivery across Europe in early 2022. Shares, the consumer mobile app and social-first platform for retail investors, designed from the ground up with user experience and community in mind, gives no-minimum, no-fee access to 1,500 stocks.

Founded in early 2021, the company has already achieved one of the largest-ever seed fundraises by an early-stage startup in Europe, raising $10 Million in the first pre-product seed round alone. Key VC & Angel support vindicates Shares will quickly become a category winner led by CEO & Co-Founder Benjamin Chemla, a serial entrepreneur with a track record that includes co-founding Stuart in 2015.

The Shares Co-Founders and Benjamin, the CEO, have quickly assembled 35 experienced scaleup veterans to date, ready to launch Europe’s first fully integrated social and investing app in less than a year. In addition to accelerated product development, it will quickly market in a highly regulated industry and comply with KYC, AML and MAR requirements.

They are creating a whole new investing app category where anyone, including new investors, can start conversations, network and learn from friends and experts as a community – together in a one-stop-shop with all their portfolio management needs.

Benjamin Chemla, CEO & Co-Founder of Shares, said: “entirely new category of fintech investing platform that resonates with today’s investors. We founded Shares, ‘investing made social’ for investors who prioritise user experience and community first and also expect a serious platform to build their portfolio. Building Shares wouldn’t have been possible without the seasoned team of scaleup experts we’ve assembled across the business to achieve this product, in record time, without sacrificing quality. There is still untapped market opportunity in this high-growth fintech space, and Shares is uniquely positioned as Europe’s first social and investing app to fast become a leader in the industry.”

Previous Article

August 27, 2021

GK8 integrates with Hedera Hashgraph to boost its security infrastructure

Read More
Next Article

August 27, 2021

ACE Money Transfer announces partnership with HBL

Read More

Wolters
ISTBML
Mambu
Financial-finergo



Advertise with us



IBSi Prime News

The Weekly Wrap

January 28, 2022

The Weekly Wrap: all you need to know by Friday COB | Jan 28th

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

January 28, 2022

Uplinq changes the lending landscape for African SMEs

Read More

January 28, 2022

Buyhatke launches world’s first card sharing platform

Read More

January 28, 2022

Texas Bay Credit Union collaborates with Scienaptic

Read More

Related Reports

Sales League Table Report 2021

£1,500 / year

Know More
Applications of Artificial Intelligence In Banking 2021

£500

Know More
Global Digital Banking Vendor and Landscape Report Q4 2021

£1,500 / year

Know More
Wealth Management & Private Banking Systems Report Q4 2021

£1,500 / year

Know More
Treasury and Capital Markets Systems Report 2021

£1,500 / year

Know More