New Options Trading Startup Gets Backing from Powerful Banks

A new startup that allows for ordinary people, with a focus on millennials, to trade options has received early backing from some of the top names in banking; Gatsby raised $500K from Radius Bank, Barclays, Techstars, former Goldman Sachs managing director Alex Wohl and more; the idea behind the firm is to take what firms like Stash and Robinhood have done to the next phase; “We thought Gatsby could be the app you use to take some risks and try to move the needle a bit in your portfolio rather than just getting access to the market,” explains Co-Founder Jeff Meyers to American Banker. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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