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Israeli 64m Seriesorbachctech

Israeli 64m Seriesorbachctech
  • PublishedNovember 29, 2022

Israeli 64m Seriesorbachctech Israeli startup Sharegain raises $64M Series A from WestCap. This Israeli startup developed a Securities Lending as a Service solution (SLaaS), which allows online brokers, private banks, and other financial institutions to offer securities lending to clients.

This allows financial institutions the ability to lend stocks or ETFs.

Securities lending allows investors to borrow securities from brokers to trade them. The collateral for the loan is the securities. This service is available to generate income and facilitate short-selling.

Financial institutions can use the share gains platform to manage risk in securities lending. It also provides transparency in loan pricing. The company has raised $78M so far and plans to use the funding to expand its product range and grow its workforce.

Although security lending is a niche service, it’s still a vital one for financial institutions that offer it. These institutions can provide security lending through the Share Gains Platform, making it much easier and risk-free. This should help to attract and keep more clients.

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