MoraBanc has selected Sharegain’s SLaaS (Securities Lending as a Service) solution to launch securities lending to its private banking clients.
London, May 9, 2023: – MoraBanc has partnered with Sharegain to launch an end-to-end securities lending solution to its private banking clients. Sharegain’s SLaaS enables MoraBanc to connect all their asset pools to one centralized solution and generate a new revenue stream from their Assets Under Custody.
Carlos Salinas, Head of Digital Assets and Fintech of MoraBanc, said “We always look for ways to add value to our clients and Sharegain’s SLaaS solution will enable our private banking clients to benefit from a new source of income on their investment portfolio, through securities lending.”
Boaz Yaari, CEO & Founder of Sharegain, said: “We are proud to collaborate with the outstanding team at MoraBanc and are excited by the opportunity to deliver greater value to them and their clients.”
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About Sharegain
Sharegain is a leading B2B global securities lending fintech. Sharegain has democratized the securities lending market through its unique solution, unlocking potential revenue-generating opportunities that were previously the preserve of big financial institutions. Sharegain’s end-to-end digital solution combines full control and transparency with minimal overhead or up-front costs, enabling online brokers, private banks, wealth managers, asset managers and custodians to lend their stocks, bonds and ETFs, and generate additional revenue for their own business and their clients.
About MoraBanc
The MoraBanc Group is an Andorran family financial group, an independent bank with an international outlook and extensive experience in the management of individual, family and institutional wealth. In addition to its banking activity in Andorra under the MoraBanc brand, the group’s value proposition includes MoraBanc Asset Management and MoraBanc Assegurances in Andorra, the MoraWealth securities agency in Barcelona, and Boreal Capital Management, with two asset management companies in Switzerland and the US, as well as a broker-dealer in the US. In recent years, the MoraBanc Group has signed exclusive collaboration agreements with Goldman Sachs Asset Management and Cuatrecasas for the provision of its services in Andorra, and an agreement with Banco Santander for international reverse factoring services.
