Stake Completes $90M Series A Funding Round
- Stake, a Sydney, Australia-based fintech company, raised $90m in Series A funding
- Having announced an initial $40m Series A funding round in May 2021, the Series A extension provides Stak e with an additional $50m to reach $90m
- The Series A included Tiger Global and DST Global Partners
- The company is an online brokerage for Australian investors in U.S. stocks
- The company also launched an ASX platform with $3 CHESS-sponsored trades and is slated to enter the crypto space shortly
- Since its launch, the platform has attracted over 500,000 customers, and more than $2 billion in funds under administration
