The cofounder of Stake, Matt Leibowitz, has resigned as CEO, having led the digital broker since its launch in 2017. He will move to executive director and continue to work on the platform’s product and business strategy. Leibowitz will be replaced by the company’s new chief commercial officer, Jon Howie, who joined the business in… Read more »
Share buying app Stake has raised an extra $50 million in a Series A extension 12 months after raising $40 million in its initial round. The world’s most active investor, US VC Tiger Global and DST Global Partners doubled down on the fintech in the extension raise, taking the total raised in over the year… Read more »
Digital broker Stake is joining competitors such as Superhero and the Commonwealth Bank to offer cryptocurrency investing on its platform. The move to embrace crypto follows research commissioned by the platform last year that revealed crypto was second only to stocks in the portfolio for Australian investors under 40. Last November, CBA announced plans to… Read more »
Australian digital broker Stake is turning its attention from Wall Street to the local bourse, launching a beta version of its trading platform for the ASX. The fintech has also launched a viral referral campaign among users, offering free ASX trades until the end of the year. People who sign on are put on the… Read more »
Through an app, US platform Boon Investments offers robo-advice to facilitate investments in the US market for Australian consumers.
Stake wants to offer Australian investors easier and cheaper access to US stocks and exchange traded funds (ETFs) than previously available.
Splend, a company which hires out cars to those wanting to join the ranks of rideshare drivers, has received backing from Investec Australia.
The Commonwealth Bank has announced the sale of its remaining stake in Visa for $439 million following a review of its capitalised software assets.
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