Stockpile
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
N/A | N/A | Seed | |
$15.0m | Series A | ||
$30.0m | Series B | ||
Total Funding | $45.0m |
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EditStockpile is a financial technology company that democratizes stock market investing by offering fractional shares, making it accessible to a broader audience, including young investors and families. Operating in the fintech sector, Stockpile serves individual investors who may not have the capital to buy whole shares of stock. The company’s business model revolves around selling fractional shares of stocks and ETFs, allowing users to invest small amounts of money. Stockpile generates revenue through transaction fees and gift card sales, which can be redeemed for stock purchases. The platform also provides educational resources to help novice investors understand the stock market. By lowering the barriers to entry, Stockpile aims to foster financial literacy and investment habits among a diverse clientele.
Keywords: fractional shares, fintech, stock market, investing, young investors, families, transaction fees, gift cards, financial literacy, ETFs.