What is Sharegain?
Sharegain operates at the intersection of finance and technology, specializing in democratizing the securities lending industry through its innovative Securities Lending as a Service (SLaaS) model. This next-generation solution empowers financial institutions, including custodian banks, private banks, asset managers, and online brokers, to unlock additional revenue streams by lending out their owned stocks, bonds, and ETFs. By bringing securities lending into the digital age, Sharegain offers a geo-agnostic platform that provides financial institutions with enhanced control, transparency, and operational efficiency, minimizing overhead while maximizing asset utilization.
How much funding has Sharegain raised?
Sharegain has raised a total of $69M across 2 funding rounds:
Series A
$5M
Series B
$64M
Series A (2018): $5M with participation from Target Global, Maverick Ventures, and Blumberg Capital
Series B (2022): $64M led by EJF Capital, Citigroup, WestCap, and Optiver PSI
Key Investors in Sharegain
EJF Capital
EJF Capital is an alternative asset management firm known for its strategic investments in various sectors. Their participation suggests a belief in Sharegain's disruptive potential within the financial services industry.
Citigroup
Citigroup, a global financial services giant, brings significant industry expertise and market reach. Their investment indicates a strategic alignment with Sharegain's mission to modernize securities lending.
WestCap
WestCap is an investment firm that likely focuses on growth-stage companies. Their involvement points to Sharegain's strong market position and future potential.
What's next for Sharegain?
The recent major strategic investment in Sharegain signals a pivotal moment for the company, likely enabling accelerated expansion of its SLaaS platform and further penetration into global capital markets. This capital infusion is expected to fuel product development, enhance technological capabilities, and bolster market outreach efforts. As Sharegain continues to innovate within the securities lending space, its strategic backing positions it to capture greater market share and solidify its role as a key enabler of efficient asset monetization for financial institutions worldwide.
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