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Shares

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uuid0000hmt

Namestring
Shares
Legal namestring
Shares Financial Assets, Shares Digital Assets, Shares Solutions (SAS)
Websiteurl
shares.io
Company typeenum
Private
Founded yearint
2021
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
retail investment platform, social investing app, wealth management technology, investment infrastructure, white-label fintech solutions
Industry2 codes
1Private Client Custody & Brokerage (Execution, Reporting, Safekeeping)
CodeFSAAABANPrimaryYes
2Securities & Custody Operations (Safekeeping, Corporate Actions, Settlement Support)
CodeFSABALAGPrimaryNo
NAICS code3 codes
  • Investment Banking and Securities Intermediation523150
  • Securities, Commodity Contracts, and Other Financial Investments and Related Activities523
  • Portfolio Management and Investment Advice523940
SIC code2 codes
  • Security Brokers, Dealers & Flotation Companies6211
  • Security & Commodity Brokers, Dealers, Exchanges & Services6200
Product category
Investment Technology Platform
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Transaction Fees
TypeTransaction Fee
Description

Commission-based revenue from stock, ETF, and cryptocurrency trades. Transaction fees charged per trade with tiered pricing structure based on transaction size.

2Custody Fees
TypeManaged Services
Description

Annual fees charged on assets under custody, particularly for Shares Pro platform managing client portfolios

3Investment Plan Management
TypeManaged Services
Description

Service fees for managing automated investment plans and managed portfolios for retail customers

Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Pricing details4 tiers
1Stocks and ETFs - €1 for transactions up to €500, 0.2% above €500
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Transaction fee: €1 flat for orders up to €500. For orders above €500, a 0.2% fee applies. Same structure applies to both stocks and ETFs.

2Cryptocurrency - €1 for amounts up to €100, 1% above €100
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Crypto transaction fee: €1 flat for amounts up to €100. For amounts above €100, a 1% fee applies.

3Managed Plans - 1% annual management fee
ModelOutcome Based/ PerformanceBilling cadenceAnnual
Notes

Annual management fee of 1% charged on assets under management for automated investment plans.

4Shares Pro - Custody fees 0.3-1.0% based on account type
ModelSubscriptionBilling cadenceAnnual
Notes

Custody fees ranging from 0.3% to 1.0% annually depending on account type and asset class for professional wealth managers.

GTM typeB2B and B2C
B2B and B2C
Offering typeSoftware
Software
Brand1 of 4 records shown
1Shares App
Description

Mobile app for retail investors featuring over 1,700 assets like stocks, ETFs, and cryptocurrencies with social trading features.

shares.io
+3 more records
Core offering1 text field

Shares is an investing technology company that provides end-to-end infrastructure for the financial industry. It operates a mobile-first social investment platform (Shares App) for retail investors offering access to over 1,700 assets including stocks, ETFs, and cryptocurrencies, alongside a dedicated platform (Shares Pro) for French wealth managers and a front-to-back white-label/API infrastructure (Shares Solutions) for financial institutions.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Access to 1,700+ assets including stocks, ETFs, and cryptocurrencies
+2 more records
Product overview1 text field

Shares is a French fintech that has evolved from a consumer neobroker into an end-to-end investing technology company serving retail investors, wealth management professionals, and financial institutions. Its core product portfolio consists of three interconnected layers: (1) the Shares App — a mobile platform for retail investors offering 1,700+ assets (stocks, ETFs, cryptocurrencies) with social trading features including a Social Feed, Auto-Invest recurring orders, Investment Plans, and Triggered Orders; (2) Shares Pro — a web-based platform for French wealth managers (CGP) to manage client portfolios across CTO, PEA, PER, and other account types, with support for Investment Plans, ELTIF orders, and SEPA Direct Debit; and (3) Shares Solutions — a front-to-back infrastructure platform (Front, Middle, and Back Office) offered to financial institutions as custom, white-label, or API-based solutions. Shares Savings complements the offering with corporate retirement and employee savings solutions for businesses. The company holds dual French regulatory authorization (ACPR and AMF) and operates across France, Poland, and other EEA countries.

Product and service3 records
1Shares App
CategoryRetail Investment App
Description

Mobile application for retail investors offering access to over 1,700 assets including stocks, ETFs, and cryptocurrencies, with social trading features enabling users to follow other investors' activities, share trade ideas, and exchange messages within the app.

2Shares Pro
CategoryWealth Management Platform
Description

Online platform for wealth managers (CGP/Conseillers en Investissements Financiers) registered with ORIAS in France to oversee and manage client portfolios across stocks, ETFs, commodities, and account types such as CTO, CTO Business, PEA, and PER, with support for Investment Plans, ELTIF orders, SEPA Direct Debit, and managed account solutions.

3Shares Solutions
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeTechnology or Integration
Description

Partnership for E-money services and safeguarding of client funds. Modulr provides payment infrastructure for the platform.

Strategic tierCoreTypeTechnology or Integration
Description

Partner for US securities trading and custody services, enabling access to US financial markets.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Strategic partnership for distribution of PER Bancaire acquisition products. Inter Invest distributes investment products through its network.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership with AXA France to provide employee savings experience solutions. B2B2C distribution partnership.

Strategic tierMinorTypeOthers
Description

Potential acquisition target from Société Générale. Treezor is a banking-as-a-service platform that could enhance Shares' banking infrastructure capabilities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

UK-headquartered super-app offering retail trading (stocks, ETFs, crypto) as part of a much broader banking, payments, and savings suite. Comparable to Shares on retail investing functionality, but with substantially larger scale and a fundamentally broader product portfolio.

TypeDirect peer
Description

Multi-asset broker with a signature social trading and copy-trading community, plus a B2B platform (eToro for Partners). Highly comparable to Shares across both the social-feed retail investing layer (Shares App / Social Feed) and the white-label / partnership layer (Shares Solutions).

TypeDirect peer
Description

German-headquartered European neobroker offering commission-free stock, ETF, and crypto trading via mobile app with a growing interest-bearing cash product. Closely comparable to Shares App in target customer (retail European investors), product breadth (multi-asset mobile trading), and pricing model.

4Bux
TypeEmerging player
Description

European neobroker (Netherlands-based) offering commission-free stock, ETF, and crypto trading via a mobile app. Comparable to Shares App in mobile-first European retail investing and social/community positioning (Bux Zero, Bux X), but with a smaller scale and product breadth.

TypeDirect peer
Description

US-based API-first brokerage infrastructure platform powering embedded investing and crypto for fintechs and broker-dealers. Directly comparable to Shares Solutions' B2B / white-label / API infrastructure offering, with Shares actually leveraging Alpaca as a partner for US market access.

TypeDirect peer
Description

European low-cost broker (owned by flatexDEGIRO) offering stocks, ETFs, derivatives, and bonds across EEA markets. Comparable to Shares App in cross-EEA multi-country execution and low-fee retail brokerage, though without social features or crypto.

TypeBroad incumbent
Description

Denmark-headquartered global broker offering multi-asset trading plus a white-label / outsourced trading service (SaxoPlatform/OEMS) for banks, brokers, and fintechs. Comparable to Shares Pro and Shares Solutions on the institutional white-label and B2B infrastructure dimension, with a much larger established client base.

TypeEmerging player
Description

Estonian-founded multi-currency investing app offering stocks, ETFs, and funds across EEA and UK markets. Comparable to Shares App in European mobile-first multi-asset brokerage, with similar EEA passport-driven distribution but a narrower product stack (no crypto or social features).

TypeDirect peer
Description

Munich-based European broker offering stocks, ETFs, funds, and crypto via a mobile app, plus a B2B white-label platform (Scalable Broker Solutions). Directly comparable to Shares across both the retail layer (Shares App) and the B2B infrastructure layer (Shares Solutions), with a similar fee structure and German/EEA focus.

TypeDirect peer
Description

UK-based commission-free stock and ETF investing app with an ISA/SIPP wrapper. Comparable to Shares App in mobile-first retail brokerage, commission-based revenue, and UK/European target customer, though narrower in asset coverage (no crypto) and without B2B infrastructure layer.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance7 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Shares

Investment Technology Platformshares.io

Shares firmographics

Firmographics
Name
Shares
Legal name
Shares Financial Assets, Shares Digital Assets, Shares Solutions (SAS)
Website
https://shares.io
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Shares industry classification

Industry
Product category
Investment Technology Platform
NAICS
Investment Banking and Securities Intermediation (523150), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)
SIC
Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
akta.pro primary industry
Private Client Custody & Brokerage (Execution, Reporting, Safekeeping) (FSAAABAN)
akta.pro secondary industry
Securities & Custody Operations (Safekeeping, Corporate Actions, Settlement Support) (FSABALAG)

Keywords

  • Retail investment platform
  • Social investing app
  • Wealth management technology
  • Investment infrastructure
  • White-label fintech solutions

Where Shares is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices1 record

Markets served

Shares business model

Business model
GTM type
B2B and B2C
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

  1. Transaction Fees: Commission-based revenue from stock, ETF, and cryptocurrency trades. Transaction fees charged per trade with tiered pricing structure based on transaction size.
  2. Custody Fees: Annual fees charged on assets under custody, particularly for Shares Pro platform managing client portfolios
  3. Investment Plan Management: Service fees for managing automated investment plans and managed portfolios for retail customers

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goStocks and ETFs - €1 for transactions up to €500, 0.2% above €500
Transaction based/ take ratePay-as-you-goCryptocurrency - €1 for amounts up to €100, 1% above €100
Outcome Based/ PerformanceAnnualManaged Plans - 1% annual management fee
SubscriptionAnnualShares Pro - Custody fees 0.3-1.0% based on account type

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Shares product offering

Product offering

Core offering

Shares is an investing technology company that provides end-to-end infrastructure for the financial industry. It operates a mobile-first social investment platform (Shares App) for retail investors offering access to over 1,700 assets including stocks, ETFs, and cryptocurrencies, alongside a dedicated platform (Shares Pro) for French wealth managers and a front-to-back white-label/API infrastructure (Shares Solutions) for financial institutions.

Product overview

Shares is a French fintech that has evolved from a consumer neobroker into an end-to-end investing technology company serving retail investors, wealth management professionals, and financial institutions. Its core product portfolio consists of three interconnected layers: (1) the Shares App — a mobile platform for retail investors offering 1,700+ assets (stocks, ETFs, cryptocurrencies) with social trading features including a Social Feed, Auto-Invest recurring orders, Investment Plans, and Triggered Orders; (2) Shares Pro — a web-based platform for French wealth managers (CGP) to manage client portfolios across CTO, PEA, PER, and other account types, with support for Investment Plans, ELTIF orders, and SEPA Direct Debit; and (3) Shares Solutions — a front-to-back infrastructure platform (Front, Middle, and Back Office) offered to financial institutions as custom, white-label, or API-based solutions. Shares Savings complements the offering with corporate retirement and employee savings solutions for businesses. The company holds dual French regulatory authorization (ACPR and AMF) and operates across France, Poland, and other EEA countries.

Differentiator

Problem solved

Functional benefit

Brands

  • Shares App: Mobile app for retail investors featuring over 1,700 assets like stocks, ETFs, and cryptocurrencies with social trading features.
  • Shares Pro
  • Shares Solutions
  • Murano

Products and services

  • Shares App Mobile application for retail investors offering access to over 1,700 assets including stocks, ETFs, and cryptocurrencies, with social trading features enabling users to follow other investors' activities, share trade ideas, and exchange messages within the app.
  • Shares Pro Online platform for wealth managers (CGP/Conseillers en Investissements Financiers) registered with ORIAS in France to oversee and manage client portfolios across stocks, ETFs, commodities, and account types such as CTO, CTO Business, PEA, and PER, with support for Investment Plans, ELTIF orders, SEPA Direct Debit, and managed account solutions.
  • Shares Solutions

Quantifiable outcome

  • Access to 1,700+ assets including stocks, ETFs, and cryptocurrencies
  • +2 more outcomes

Companies that use Shares

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Shares technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Shares partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • ModulrcoreTechnology or IntegrationPartnership for E-money services and safeguarding of client funds. Modulr provides payment infrastructure for the platform.
  • AlpacacoreTechnology or IntegrationPartner for US securities trading and custody services, enabling access to US financial markets.
  • Inter InvestcoreChannel Partner/ Reseller/ DistributorStrategic partnership for distribution of PER Bancaire acquisition products. Inter Invest distributes investment products through its network.
  • AXA FrancecoreStrategic or Co-development PartnerPartnership with AXA France to provide employee savings experience solutions. B2B2C distribution partnership.
  • TreezorminorOthersPotential acquisition target from Société Générale. Treezor is a banking-as-a-service platform that could enhance Shares' banking infrastructure capabilities.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Shares competitors and assessment

Company assessment

Broad incumbents

  • Revolut: UK-headquartered super-app offering retail trading (stocks, ETFs, crypto) as part of a much broader banking, payments, and savings suite. Comparable to Shares on retail investing functionality, but with substantially larger scale and a fundamentally broader product portfolio.
  • Saxo Bank: Denmark-headquartered global broker offering multi-asset trading plus a white-label / outsourced trading service (SaxoPlatform/OEMS) for banks, brokers, and fintechs. Comparable to Shares Pro and Shares Solutions on the institutional white-label and B2B infrastructure dimension, with a much larger established client base.

Direct peers

  • eToro: Multi-asset broker with a signature social trading and copy-trading community, plus a B2B platform (eToro for Partners). Highly comparable to Shares across both the social-feed retail investing layer (Shares App / Social Feed) and the white-label / partnership layer (Shares Solutions).
  • Trade Republic: German-headquartered European neobroker offering commission-free stock, ETF, and crypto trading via mobile app with a growing interest-bearing cash product. Closely comparable to Shares App in target customer (retail European investors), product breadth (multi-asset mobile trading), and pricing model.
  • Alpaca: US-based API-first brokerage infrastructure platform powering embedded investing and crypto for fintechs and broker-dealers. Directly comparable to Shares Solutions' B2B / white-label / API infrastructure offering, with Shares actually leveraging Alpaca as a partner for US market access.
  • DEGIRO: European low-cost broker (owned by flatexDEGIRO) offering stocks, ETFs, derivatives, and bonds across EEA markets. Comparable to Shares App in cross-EEA multi-country execution and low-fee retail brokerage, though without social features or crypto.
  • Scalable Capital: Munich-based European broker offering stocks, ETFs, funds, and crypto via a mobile app, plus a B2B white-label platform (Scalable Broker Solutions). Directly comparable to Shares across both the retail layer (Shares App) and the B2B infrastructure layer (Shares Solutions), with a similar fee structure and German/EEA focus.
  • Freetrade: UK-based commission-free stock and ETF investing app with an ISA/SIPP wrapper. Comparable to Shares App in mobile-first retail brokerage, commission-based revenue, and UK/European target customer, though narrower in asset coverage (no crypto) and without B2B infrastructure layer.

Emerging players

  • Bux: European neobroker (Netherlands-based) offering commission-free stock, ETF, and crypto trading via a mobile app. Comparable to Shares App in mobile-first European retail investing and social/community positioning (Bux Zero, Bux X), but with a smaller scale and product breadth.
  • Lightyear: Estonian-founded multi-currency investing app offering stocks, ETFs, and funds across EEA and UK markets. Comparable to Shares App in European mobile-first multi-asset brokerage, with similar EEA passport-driven distribution but a narrower product stack (no crypto or social features).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Shares social profiles

Digital presence

Shares compliance and trust

Trust signal

Compliance7 records

Shares financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Shares leadership team

Management profile

Number of profiles

Profiles5 records

Shares subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Shares funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Shares M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shares

What does Shares do?

Shares is an investing technology company that provides end-to-end infrastructure for the financial industry. It operates a mobile-first social investment platform (Shares App) for retail investors offering access to over 1,700 assets including stocks, ETFs, and cryptocurrencies, alongside a dedicated platform (Shares Pro) for French wealth managers and a front-to-back white-label/API infrastructure (Shares Solutions) for financial institutions.

Is Shares a public or private company?

Shares is a private company. It is classified as venture growth investor backed and is currently operating.

When was Shares founded?

Shares was founded in 2021. It employs 101 to 250 people.

Where is Shares based?

Shares is headquartered in London, United Kingdom, in the Europe region.

How does Shares make money?

Three revenue lines are on record. Transaction Fees are the primary driver. The others are custody Fees and investment Plan Management.

Who are Shares's main competitors?

Broad incumbents on record are Revolut and Saxo Bank. Direct peers are eToro, Trade Republic, Alpaca, DEGIRO, Scalable Capital and Freetrade. Emerging players are Bux and Lightyear.

Does Shares have an API?

No public API is recorded for Shares.

What industry is Shares in?

Shares's product category is Investment Technology Platform. Its primary akta.pro industry code is FSAAABAN, Private Client Custody & Brokerage (Execution, Reporting, Safekeeping), with a secondary code of FSABALAG, Securities & Custody Operations (Safekeeping, Corporate Actions, Settlement Support). Its NAICS code is 523150 and its SIC code is 6211.

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Live signals
MaddynessAvec Treezor désormais dans son giron, Shares vise les 100 millions d'euros de revenus en 2027Shares completed its acquisition of fintech Treezor from Société Générale for an undisclosed amount. The deal aims to combine investment and payment services, with Shares targeting €100 million in revenue by 2027. Treezor, which has a regulatory passport in 25 countries, now contributes nearly 70% of Shares' growth outside France.FinTech FuturesShares in exclusive talks to acquire Société Générale's TreezorFrench fintech company Shares has entered exclusive negotiations to acquire 100% of Treezor, the Banking-as-a-Service subsidiary of Société Générale, for undisclosed terms. Treezor specialises in embedding white-label financial services and reports having issued more than 8 million cards and processed over €130 billion in transaction flows. Shares plans to integrate its investment solutions with Treezor's infrastructure to build a comprehensive digital financial services platform covering accounts, payments, savings, and investments.SiftedHow will wealthtechs capture the valuable millennial market share?Sifted hosted a panel discussion with CEOs from Valour, Shares, Clim8, and TrueLayer on how wealthtech startups are targeting the millennial market, with almost 12% of UK adults now using at least one investment app. The experts highlighted key trends including fintech-bank partnerships enabled by open banking, the rise of social trading driven by retail investors coordinating via platforms like Robinhood, and sustainable investing as a growing megatrend. panellists also emphasized the need for greater diversity in the sector and predicted a shift toward decentralized finance and digital-physical integration in the metaverse.Silicon CanalsTennis legends Serena and Venus Williams invest in London’s social trading app SharesLondon-based social trading platform Shares announced it has raised fresh capital from tennis champions Serena and Venus Williams, who were also appointed as the company's first ambassadors. This investment follows a recently closed $40M Series B round led by Peter Thiel Fund and Valar Ventures, with funds earmarked for launching services in multiple continents by year-end.Business InsiderStock trading app Shares adds Serena and Venus Williams as investors. Here's the 19-slide pitch deck it used to raise a $40 million Series B.Shares, a London-based trading platform, secured a $40 million Series B funding round and added Venus and Serena Williams as investors and brand ambassadors. The company, which has raised approximately $90 million to date, aims to expand its user base of 150,000 into Europe and other continents using the new capital.TechCrunchStocks with friendsShares, a U.K.-based stock trading app with social features, raised a $40 million Series B funding round led by Valar Ventures. The article contrasts the rise of such neobrokers and retail stock picking with regulatory concerns regarding single-stock ETFs and debates over passive investing strategies.FinSMEsShares Raises $40M in Series B FundingShares, a UK-based social investing app, raised $40M in Series B funding led by Valar Ventures, bringing total funding to $90M. The company will use the funds to expand across Europe and launch its crypto-asset proposition. It expects to go live in Europe by year-end after hiring regional teams.UKTNSocial trading app Shares raises $40m as it eyes up EuropeParis-based social trading app Shares has closed a $40 million Series B funding round, bringing its total capital raised to $90 million. The company plans to use the funds to expand across Europe by hiring regional managers in Spain, Germany, Poland, Sweden, and the Netherlands, while also incorporating cryptocurrency trading into its platform. This expansion follows a successful launch in the UK, where the app reached 150,000 downloads.Tech.euDespite market worries, Peter Thiel-backed Shares nabs $40 million for social investing appLondon-based fintech Shares has secured $40 million in Series B funding led by Valar Ventures, bringing its total raised capital to $90 million. The company plans to use the new funds to expand across Europe by the end of the year and enter the Web 3 space with a crypto-asset proposition. Founded in 2022, Shares offers a social trading platform that has attracted over 150,000 users, primarily Gen Z and millennials, since its UK launch.BenzingaBenzinga Talks To Social Trading App Shares.io Amid $40M Series A FundingShares, a social trading application, has raised $40 million in a Series A funding round led by Valar Ventures with participation from Singular, Global Founders Capital, and Red Sea Ventures. The company aims to expand its no-minimum, no-fee fractional investing platform across Europe and introduce new products like UK stocks and cryptocurrency.