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Public, a would-be Pinterest of stock-buying apps, raises more cash

March 2, 2020

Via: Fortune
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Investors looking to buy stocks with no commission have many options: Upstarts like Robinhood and SoFi and, in more recent months, traditional brokerages including Charles Schwab. But despite this crowded market, a startup backed by actor Will Smith and NFL star JJ Watt sees an opportunity to snap up customers.

The new entrant is called Public, which premiered in September, and on Monday, touted an additional $15 million in investment led by the venture capital firms Accel and Greycroft. The startup hopes to distinguish itself by offering retail investors a Pinterest-like social media environment where they let others know which stocks they buy.

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