Shares, an app which aims to bring together retail investing and social media, has raised $40mn.
In Brief:
Shares started just nine months ago and has already hired 130 people across London, Paris and Krakow.
The Series A round was led by Valar Ventures.
The company has now raised a total of $50mn.
What does this mean?
The company says it brings a unique proposition by enabling people to share what they think about investments with their friends, view other people’s investments and send messages. It plans to expand across Europe first, then further afield.