Gatsby, a new retail options trading app that caters to a burgeoning segment of younger traders, announced a new round of funding led by SWS Venture Capital. Concurrently, SWS Founder and Lead Partner, Steve Streit, will join Gatsby’s Board of Directors.
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Gatsby’s Co-CEO, Jeff Myers, said, “Gatsby’s mission is to simplify, modernize and democratize options trading, with a focus on young, digital natives who can now learn about and participate in responsible options trading as a component of their overall long-term investment plans. The incremental capital from this financing event, combined with now having Steve’s experience as a fintech industry entrepreneur and operator on our board, is expected to help position Gatsby well to continue to achieve its mission.”
Other Gatsby investors include Barclays, Rosecliff Ventures, and Techstars. The company launched on Android and iOS in December with a goal of making options approachable to a new generation of investors. Traders can share their trade activity with the community to inspire their friends with new trade ideas and can earn rewards on each trade through the new Gatsby Rewards program.
