Social investing app Public has raised $65mn Series C funding.
In Brief:
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Public enables users to invest in parts of shares for as little as $5.
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The round was led by Accel.
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It also included skateboarder Tony Hawk, Lakestar, Dick Parsons, Advancit Capital, and Mantis VC – which is partnered with bank The Chainsmokers.
What does this mean?
As well as enabling customers to dip their toes into the world of investment, Public also has a community aspect where people can share what they are investing in with their social network. They can also access education and insights about investment.