Overview
- Dub, a fintech app that allows users to replicate trades of public figures and influencers, raised $30 million in Series A funding led by Notable Capital and Neo.
- The funding round also included participation from Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures, alongside a $5.5 million venture debt facility from Silicon Valley Bank.
- Since its March 2024 launch, Dub has achieved over 1 million downloads and 50,000 paying subscribers, reflecting its rapid growth and popularity among Gen Z investors.
- The platform plans to introduce a free version allowing users to copy up to two trades for free, while expanding its offerings to include crypto and event contracts.
- Dub operates under its own SEC-registered brokerage license, enabling users to deposit funds directly into the app without linking external accounts.