12/24/2023 0 Comments Jump capital sport betting intern![]() "Our mission is to elevate the sports betting industry by applying capital markets principles and technology and to place the customer at the forefront,'' said Alex Kane, Founder and CEO of Sporttrade. Funding will be put towards customer acquisition, expansion into additional states, and continued investment in a diverse, talented team. In addition, Sporttrade issued convertible debt to Nasdaq Ventures in connection with the transaction. ![]() The coalition of investors from both the financial and gaming industries include lead investor Jump Capital, Impression Ventures, Hudson River Trading, Tower Research Ventures, Jim Murren, former CEO of MGM Resorts International and Tom Wittman, former CEO of the Nasdaq Stock Exchange. Sporttrade, a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding.
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