Mubadala Invests in Parkside Again
Posted on 02/23/2021
Parkside is a global stock trading and clearing platform for brokerages and digital banks. Parkside announced completion of its US$ 24 million Series A financing. Shanghai, China-based Enlight Growth Partners led the round, which included existing investors Mubadala Capital, FinTech Collective, and Colle Capital, and new investors Peak6 Investments and Entrée Capital. Parkside will continue expanding its technology and brokerage services in support of its 2021 growth plans. Parkside is a registered U.S. broker-dealer.
Parkside is betting on its low-cost digital platform to target younger people.