Sharegain and DriveWealth, a fintech offering Brokerage-as-a-Service, announced a collaboration to open up new opportunities in the securities lending sector.
DriveWealth is extending its securities lending offering with an agency lending capability, powered by Sharegain and tailored to the UK and European regulatory requirements. DriveWealth’s platform and APIs manage everything from execution and clearing to custody, instrument screening, pricing, and more—delivering value across the entire investment process.
Online brokers can integrate the strengths and full suite of capabilities of both Sharegain and DriveWealth’s platforms for a more efficient, end-to-end experience.
Boaz Yaari, CEO & founder of Sharegain, said in a statement: “We are excited to join forces with DriveWealth, a company that shares our vision of levelling the playing field in capital markets and making securities lending accessible to everyone.”
Michael Blaugrund, CEO of DriveWealth, said in a statement: “Our mission has consistently been to empower the next generation of private investors. Collaborating with Sharegain extends an efficient investing experience to new B2B partners and their clients globally. We look forward to a successful partnership.”