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Stockpile Acquires Technology Assets of Investables, a Leading Alternative Investment Platform for High-End Collectibles

PRIVATEFeb 13, 2024

Acquiring Company

Stockpile

Acquired Company

Investables

San FranciscoWilmingtonFinancial ServicesFinanceAngel InvestmentFintechLending

Description

Stockpile, the financial learning platform for kids and parents, has acquired the talent, technology, and IP of Investables. This acquisition will provide Stockpile’s growing customer base of young investors and their parents with access to the alternative investing expertise of Investables, further expanding the array of investing - and learning - opportunities. With the integration of the Investables platform, Stockpile will begin offering alternative assets to its users later this year. CEO Victor Wang stressed the importance of the Investables team and platform in revolutionizing financial education for children and families and meeting the strong demand from young investors for the ability to invest in alternative assets.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Stockpile

Location

San Francisco, California, United States

About

Founded in 2010 and headquartered in San Francisco, California, Stockpile, Inc. makes it easier to start investing in the stock market. With the vision for creating equitable and equal access for all, Stockpile is changing the way investments are made with zero fee trading, custodial accounts, gift cards, and fractional investing, and allowing users to own blue-chip stocks without the price tag associated with these stable investments. Stockpile has been featured in Consumer Reports, Forbes, The Wall Street Journal and many other publications. Its app has been downloaded over a million times and has earned a 4.7 rating on the app store.

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Frequently asked

Who acquired Investables?

Investables was acquired by Stockpile, based in San Francisco. The deal was reported on February 13, 2024. Founded in 2010 and headquartered in San Francisco, California, Stockpile, Inc. makes it easier to start investing in the stock market. Stockpile is privately held and operates in Financial Services.

When did Stockpile acquire Investables?

Stockpile's acquisition of Investables was reported on February 13, 2024. Stockpile, the financial learning platform for kids and parents, has acquired the talent, technology, and IP of Investables. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Investables do?

Investables is an alternative investing platform providing customers with access to alternative investing expertise. It offers an alternative investment platform specializing in high-end collectibles. It is privately held, operating in Finance, and is based in Wilmington.

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