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Dub Secures $30M Series A to Expand Copy-Trading Platform and Broaden Asset Offerings

The fintech startup plans to launch a free tier and venture into crypto and event contracts as it surpasses key growth milestones.

23-year-old Steven Wang founded Dub in 2021.
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Dub CEO Steven Wang.

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.