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Stake, run by Stakeshop Pty Ltd., is an Australian trading app for ASX and US stocks, ETFs and cryptocurrencies.
Based in New South Wales, Australia, and founded in 2017 by Dan Silver, Jon Abitz and Matthew Leibowitz, Stakeshop Pty Ltd., trading as Stake, lets customers trade and lend selected securities listed on the ASX and NYSE, as well as fractional US interests. In April 2022 it raised USD 50 million in Series A funding from new investors Tiger Global and DST Global, as part of a USD 90 million Series A. The company had 135 staff as of December 2022 and charges a USD 3 brokerage fee on ASX investments.
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