News & Insights

Blumberg Capital portfolio news, startup growth resources and industry insights

Home > News & Insights > Short-selling start-up for ordinary investors raises $12m

Short-selling start-up for ordinary investors raises $12m

Share

By 

 

A start-up that hopes to turn the investment banking business of securities loans into an everyday activity has raised $12m (£9m) from investors.

 

Sharegain, a start-up based in Israel and London, hopes to make securities lending, a practice common among big banks for betting against companies by “shorting” them, easier for ordinary savers.

 

The start-up’s new funding comes from investors Blumberg Capital, Target Global, Maverick Ventures Israel and Rhodium, adding $5m to its current cash pile.

 

Read more.

Related Articles