Stake attracts A$40m to grow NZ market share

Stake teamed up with public relations firm Acumen to attract attention with this eye-catching media campaign earlier in the year.

Dan Brunskill

Tue, 18 May 2021

The battle for the hearts and wallets of trans-Tasman retail investors is heating up as Australian broker Stake has raised $43 million to fund a New Zealand-focused global expansion.Sharesies launched its trading platform in Australia last month, after establishing an office in Sydney and adding ASX-listed companies to its investment universe.The platform now offers NZ, the United States and Australian investments making them a one-stop-shop for investors looking to trade in those three markets. Kiwi Wealth’s Hatch only offers US sha...

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