About

Public.com operates in the financial services sector, offering a high-yield cash account with a 5.1% annual percentage yield (APY) that allows customers to earn interest on their cash. The company is regulated and provides financial-grade security, including SIPC insurance for customer funds. It serves individual investors by providing a platform to find, evaluate, and buy bonds, as well as offering standard equity trades. A key feature of Public.com is its revenue-sharing model, where it shares 50% of its options revenue with customers, promoting transparency in its operations. Additionally, the company utilizes artificial intelligence to deliver fundamental data and analysis, enabling customers to ask questions about assets and access extensive historical data, including earnings calls and reports. Public.com aims to empower individual investors by providing them with tools and resources to diversify their portfolios and make informed investment decisions.

Simplify's Take

What believers are saying

• Public.com raised $135M in Series D, supporting its commission-free trading platform expansion.
• The platform's high-yield cash account offers a competitive 5.1% APY, attracting cash investors.
• AI-powered analysis of earnings calls provides users with deeper insights into company performance.

What critics are saying

• Increased competition from fintech platforms may dilute Public.com's market share.
• Volatility in cryptocurrency markets could affect user trust in Public.com's crypto services.
• Rising interest rates may challenge the attractiveness of Public.com's high-yield cash account.

What makes Public unique

• Public.com offers fractional ownership across diverse assets, including stocks, crypto, and collectibles.
• The platform provides AI-driven data analytics for personalized investment insights and recommendations.
• Public.com shares 50% of its options revenue with customers, ensuring transparency and trust.

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