The battle for Europe's stock traders has stepped up a notch after Robinhood's UK challenger, Freetrade, secured $15 million in a fundraise.The Series A round sees investors Draper Esprit topping up the £3.8 million Freetrade raised through crowdfunding earlier this year with an additional $7.5 million.
"We took the view that this isn't a 'winner takes all' market, the opportunity to get millennials to save and invest more is huge," a Draper Esprit spokesperson told Business Insider. "Most importantly, we felt their mission was totally aligned with our own—as a listed VC we are also on a mission to open up investment into tech to the general public."
The company's latest innovation is to offer UK users access to "fractional" or parts of individual shares in European companies, something which is available for US companies, which Freetrade claims is a first.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Labour proposes tax on tech giants to fund $25bn free internet plan - Business InsiderThe policy — which as yet has few specifics — is one of several major nationalisations promised by Labour as it heads for a December general election. Meal tickets $
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
WPP just announced a big shakeup at its giant ad-buying network, GroupM - Business InsiderGroupM's global CEO Christian Juhl made a series of executive-level promotions and merged tech divisions mPlatform and 2Sixty. How networks and their quality of work and the forces of control of the application of leadership across the speeds of factors and devices and access to statistics and provide competence the right to use and work
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
ThreeKit: 3D photography startup funding by former NFL star and Salesforce - Business InsiderFounded in 2005 by Hollywood special effects veteran Ben Houston, ThreeKit uses 3D software to provide realistic product renderings for online retailers.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Here’s how the natural gas and oil industry is changing communities across the US - Business InsiderThe natural gas and oil industry provides benefits to residents in both producing and non-producing states. APIenergy It's called pollution.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
One of these 16 finalists will become Business Insider's 2019 Car of the YearBrands represented this year are Audi, BMW, Cadillac, Ford, Honda, Lamborghini, Mazda, Mercedes-Benz, Nissan, Porsche, RAM, Subaru, and Toyota.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »