Sharegain, a capital markets infrastructure fintech, has raised USD64 million in a series B round led by WestCap.
Citi, EJF Capital LLC and Optiver PSI, also participated, along with existing investors include Maverick Ventures Israel, Blumberg Capital, SixThirty, Rhodium, and the Kessler family office.
The round is the largest series B to date in the securities lending industry. WestCap Partner Scott C Ganeles will join the Sharegain board. Ganeles presently sits on the boards of Tradeweb and NYDIG, and is the former CEO of Ipreo, a global fintech company servicing global financial institutions.
