Business
Aussie trading app Stake rebounds after GameStop frenzy with $40m raising – Sydney Morning Herald
Only a few weeks ago, Australian low-cost online brokerage firm Stake was scrambling to contain outages caused by the GameStop day trading frenzy.
Only a few weeks ago, Australian low-cost online brokerage firm Stake was scrambling to contain outages caused by the extraordinary GameStop day trading frenzy.
Now the high-profile startup is benefiting from a surge in new customers and planning to expand into new markets after securing a $40 million funding injection from prominent offshore investors.
Stake founders (left) Matt Leibowitz and Dan Silver are tapping into demand from younger investors.Credit:Nick Moir
Stake was forced to block customers…
-
Noosa News18 hours agoBrisbane vs Collingwood live blog: Richmond selects Noah Balta as unbeaten Lions prepare for Magpies test
-
Noosa News20 hours agoAustralians tell ABC’s Your Say how they saw the second leaders debate
-
General17 hours agoNT Coalition candidate Lisa Siebert diverges from Jacinta Nampijinpa Price on royal commission call
-
General18 hours agoCanberra man named as doctor accused of rape after suppression order lifted