Sharegain, a leading securities lending FinTech, and DriveWealth, a prominent financial technology platform known for its Brokerage-as-a-Service offerings, have recently unveiled a strategic partnership aimed at expanding opportunities within the securities lending market globally.
This collaboration is particularly focused on enhancing DriveWealth’s securities lending services by incorporating an agency lending capability. This enhancement is tailored to meet the stringent regulatory demands of the UK and European markets.
DriveWealth brings its extensive platform and API capabilities, handling everything from execution and clearing to custody, instrument screening, and pricing. The integration of Sharegain and DriveWealth’s platforms promises a streamlined and efficient end-to-end experience for online brokers.
Both companies have expressed their enthusiasm for the partnership. Boaz Yaari, CEO & Founder of Sharegain, remarked, “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, stated, “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.”
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