Superhero raises $40m investment since 2018 - on its way to being a Unicorn?

SUPERHERO CO-FOUNDERS JOHN WINTERS AND WAYNE BASKIN has secured another $15 million in funding, raising a total of $40m to date for its share trading platform that was founded in 2018.

Investors include 

Perennial Value Management, Regal Funds Management, Ophir Asset Management , Alex Waislitz’s Thorney Investment Group, 

Zip founder and chief Larry Diamond, and Afterpay’s co-founder Nick Molnar.

The business about 135,000 customers 

And has  launched the US share trading platform.

What it does 

In July, Superhero officially launched its superannuation offering, which now has about 2,000 members.

The product allows members to invest their super into exchange-traded funds (ETFs) and direct shares, without having to have a self-managed super fund, and is looking to build a Crypto ETF.

“There’s a whole workforce of millennials and younger workers who are embarking on their own wealth creation journeys, and they’re looking for new, tech-savvy ways to do so.Share trading is no longer a space that is reserved for the boomers and the wealthy,” Winters says.