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Sharesies raises $25m as US, Aussie investors join fold


US investor in Robinhood adds NZ company to its portfolio.
Online share trading company Sharesies has raised $25 million and brought in new investors including US venture capitalist Sheel Tyle and Xero backer Craig Winkler.
Documents filed to the Companies Office show the capital raising was approved by directors this month at $50.93 a share, valuing Sharesies at $146.7m.
Sheel Tyle’s Texas-based investment firm Amplo bought $4m of stock in the capital raise, adding to holdings that include US online share trader Robinhood.
Winkler’s Australian company Givia invested $3.4m.
An investor whose identity was shielded by a Wellington law firm Gibson Sheat nominee company put in $2m. ....

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Sharesies expands into Australia


Sharesies expands into Australia
4 minutes to read
Sharesies co-founder and co-CEO Brooke Roberts. Photo / supplied.
Investment trading platform Sharesies has expanded across the ditch offering Kiwis the chance to buy into ASX-listed companies and funds and Australians the ability to use its platform.
Its 355,000 investors will now be able
to buy and sell shares on the NZX, ASX and three US stock exchanges with just a 1c minimum investment.
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Brooke Roberts, co-CEO of Sharesies, said the Australian move would give investors access to over 2000 ASX-listed companies and funds.
What is really exciting about that too is that there is no minimum for any of these investments and that is a first. ....

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