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Parkside Closes $24 Million Series A Financing

Feb 23, 2021•over 4 years ago

Amount Raised

$24 Million

Round Type

series a

San Francisco

Description

Parkside, a global stock trading and clearing platform for brokerages and digital banks, announced completion of its $24 million Series A financing. Shanghai, China-based Enlight Growth Partners (“EGP”) led the round, which included existing investors Mubadala Capital, FinTech Collective and Colle Capital, and new investors Peak6 Investments and Entrée Capital. Parkside will continue expanding its technology and brokerage services in support of its 2021 growth plans.

Company Information

Company

Parkside

Location

San Francisco, California, United States

About

Parkside is simplifying global access to US stocks through regulatory innovation and modern technology. Parkside is a registered US broker-dealer providing access to US stocks for individuals around the world - starting with Asia. Soon, you can invest globally using your local currency, low fees and no minimums. Learn more at https://www.parksidesecurities.com/.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech