Fintech startup Shares has raised $90 million for its stock trading app. And yet, the service is only available to people who live in the U.K. But that’s about to change as the company has received a couple of authorizations from French regulators. With EU passporting rules, Shares could also expand to other European countries.
As a reminder, Shares lets you trade stocks with no minimum trade size. The company offers fractional shares, which means that you can start investing with as little as £2. It competes with other neobrokers that try to make stock investment more accessible, such as Freetrade in the U.K., Bitpanda and Trade Republic in Europe.
But what makes Shares different from other mobile trading apps is that there’s a social twist. Shares lets you follow your friends and comment on their trades. Users can al...
