The burgeoning FinTech sector witnesses a groundbreaking development as Sharegain announces a significant $12 million funding milestone.
This notable influx of capital is set to transform securities lending, a sector ripe for innovation and transparency, by introducing Sharegain’s pioneering platform to a broader market.
Sharegain is slated to disrupt the traditional securities lending landscape. With this substantial investment, the company plans to expand its innovative platform to private banks, online brokers, and robo-advisers worldwide.
Securities lending, a $2.5 trillion market, has historically been reserved for the world’s largest investors. Sharegain’s mission is to democratise this opportunity, ensuring accessibility for a diverse range of investors, from individuals to asset management firms.
In the latest funding round, the company secured an additional $5 million, further reinforcing its financial stability and future growth prospects. The involvement of private investors from the financial sector highlights the compelling value proposition Sharegain offers.
With over $40 trillion in global idle assets, the securities lending market presents immense untapped potential, and Sharegain is poised at the forefront of this opportunity.
By receiving FCA approval, Sharegain stands as the first FinTech entity to offer its Securities Lending as a Service (SLaaS) platform to retail investors.
For investors and wealth managers, this represents the first-time access to a straightforward securities lending solution, aligning with their strategic objectives in a challenging economic climate.
Sharegain collaborates with global financial institutions to establish best practices in the industry. This partnership is central to fostering a more transparent and trustworthy securities lending environment.
Through active engagement with a network of undisclosed lenders, the platform is set to refine its offerings continuously, ensuring the highest standards of efficiency and reliability.
These initiatives are critical in building long-term trust and credibility within capital markets, ultimately benefiting all stakeholders involved.
Yaari emphasises the platform’s ability to promote market efficiency and stability, highlighting its role in facilitating vital economic activities such as trade settlement and market making.
As Sharegain continues to extend its reach and refine its platform, the company’s trajectory signals a promising future for the securities lending industry, one characterised by increased participation and transparency.
Sharegain’s pioneering platform heralds a new era for securities lending, marked by accessibility, transparency, and efficiency.
This funding milestone not only drives Sharegain’s mission forward but also sets a precedent for future FinTech innovations, reshaping the financial landscape.