stake Archives

Crypto gaming billionaire Ed Craven dangles $100,000 sign-on carrots to lure engineers away from Canva, Atlassian and Australia’s top tech companies

Simon Thomsen - June 20, 2024 2 MIN READ

The overheated tech salary days of 2022 may be set to return, in engineering at least, if crypto gaming billionaire Ed Craven has his way. Craven, 28, and his cofounder Bijan Tehrani at online casino Stake.com and live-streaming platform Kick, are offering sign-on bonuses for senior and principal software engineers and engineering managers of between… Read more »

People

Stake cofounder Matt Leibowitz resigns as CEO

Startup Daily - January 12, 2024 2 MIN READ

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 »

Funding

Digital broker Stake boosts Series A with $50 million top up from Tiger Global

Simon Thomsen - April 27, 2022 2 MIN READ

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 »

Cryptocurrency

Online broker Stake joins crypto trading race

Simon Thomsen - March 14, 2022 2 MIN READ

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 »

ASX

Brokerage fintech Stake is offering the cheapest trades on ASX shares

Simon Thomsen - September 13, 2021 2 MIN READ

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 »

Advice

Boon Investments is a global robo-advice app facilitating investment in US stocks

James Ward - July 12, 2017 3 MIN READ

Through an app, US platform Boon Investments offers robo-advice to facilitate investments in the US market for Australian consumers.

Advice

Fintech platform Stake wants to make investing in US stocks as easy as online shopping

Gina Baldassarre - May 8, 2017 3 MIN READ

Stake wants to offer Australian investors easier and cheaper access to US stocks and exchange traded funds (ETFs) than previously available.

Topics

Rideshare car rental startup Splend receives backing from Investec Australia

Gina Baldassarre - February 21, 2017 2 MIN READ

Splend, a company which hires out cars to those wanting to join the ranks of rideshare drivers, has received backing from Investec Australia.

Topics

Commonwealth Bank sells stake in Visa for $278 million profit

James Ward - December 20, 2016 2 MIN READ

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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