Buzzy investing app Dub lands $30M Series A

In Brief Dub, the copy-trading platform that says it’s transforming how Gen Z invests, has secured a $30 million Series A funding round, bringing its total raised to $47 million. The deal, which founder Steven Wang had previously hinted to TechCrunch was in the works, comes a year after its official launch. The 23-year-old’s Harvard dropout’s platform has been steadily growing, surpassing 1 million downloads, says Dub, by allowing users to mirror the investment strategies of successful traders. “The ultra-wealthy have long leveraged expert money managers. Now, Dub brings that same advantage to everyday investors,” according to a press release citing Wang, who told TechCrunch in a recent podcast that he began investing in second grade. The platform, a subscription to which costs $10 per month, has gained viral attention for features like following portfolios that mirror trades of high-profile politicians among others, including Nancy Pelosi’s disclosed moves. The Series A was co-le ... Read full article.