Dub, a copy-trading platform, has successfully secured a $30 million Series A funding round, co-led by Notable Capital and Neo. With this new injection of capital, the company has raised $47 million in total since its founding. Founded less than a year ago, Dub is already reaping tremendous success by changing the way Powerminds invest in all financial markets.
The app, through which users can copy the investment techniques of more experienced traders, has more than a million downloads. It aims to democratize investment opportunities by enabling everyday investors to replicate the moves of high-profile politicians and experienced traders through its subscription model, priced at $10 per month.
Steven Wang, the 23-year-old founder of Dub, has had an extraordinary path as a young investor. A child prodigy and Harvard dropout, Wang started investing in the stock market by second grade. He imagines Dub as a vehicle to bring those benefits—previously seen only by the hyper-rich—to the masses. He would like to get those benefits in front of more people.
The expert money manager is a time-honored tool of the ultra-wealthy. Now, Dub is bringing that same advantage to everyday investors. – Steven Wang
Here are a couple of features that make Dub unique from other traditional investing platforms. By blending aspects of social media and finance, it’s led to fair comparisons to the merger of TikTok and investing. Users can follow portfolios that reflect real-time trades, creating a dynamic environment for learning and participation in the financial markets.
Wang’s creative new strategy engages this trend while appealing to the increasing interest within Generation Z in personal finances and investment strategies. This emerging demographic is eager to find innovative strategies to increase their wealth. Now Dub is establishing themselves as a major player in the changing landscape of digital investing.
