UK-based financial streaming platform for trading, economics and finance professionals ShareVision raised $2.1m in seed funding to scale its platform.
ShareVision, which was founded by entrepreneurs including the founders of Darqube, Aqua Rising and NAGA Global AG, aims to enable people to discover, reach out and communicate with a global financial community including businesses and consumers, and it’s doing this by providing 24/7 access to finance professionals and enthusiasts where users can stream content on the stock market, economical updates and financial education.
By creating a profile, people can engage with the economic and financial industries by watching informational videos from experts, up-to-date news and live market analysis, detailed presentations of financial results, and the journeys of popular traders through live streams.
Customers may upload free or premium video content, while other users can watch their premium content by subscribing to their channel for a monthly fee. Customers may also subscribe to more than one channel at a time and ShareVision takes a revenue share from each subscriber.
The $2.1m funding round far surpasses ShareVision’s original target, which was overfunded on Seedrs. It raised nearly £375,000 through its equity crowdfunding campaign in April this year. ShareVision added it will take 50% of the net trading profits for every account opened and a commission on every trade copied.
Commenting on the funding round, ShareVision CEO Amit Jay Shah stated, “We have launched state-of-the-art streaming technology for a huge market, launching at a time when retail investing, streaming and the creator community are all seeing rapid growth.”
“We believe we now have both the funding and investors to take ShareVision to the next level. Having the backing from the founders of leading financial brokerages and institutions shows the potential ShareVision has in a huge market,” Shah added.
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