On Wednesday, the Zero-commission stock trading platform, Public.com, announced that it entered a partnership deal with an investor, entrepreneur, and the linebacker of NFL’s Seattle Seahawks All-Pro, Bobby Wagner. Based on the press release from the firm, the partnership is part of the efforts of Public.com to boost financial literacy.
As noted by the stocks trading platform, they are looking to target partnership that till contributes to helping people to be more active investors for a long-term. With that said, the deal with Bobby Wagner will help in bringing financial literacy lessons to over a million people on the Public.com application during the 2021/2022 NFL season.
Passing its comments on the partnership, Booby Wagner said: “With investors in tens of millions flooding the stock market as newbies, I am very much happy to sign the partnership deal with Public.com based on their specific community, massive inclusion, and education, including their stylish brokerage app. By joining hands, we aim to place more people at the top of the game financially as early as possible in their investment journey.”
Furthermore, the NFL linebacker is looking to be appointed as an advisor for the One Team, a program organized by Public.com for the student-athletes in NCAA that will handle financial literacy affairs.
The Experience of Bobby Wagner as an Investor
A portion of the announcement on the trading platform reads, “we are very happy to sign a partnership deal with Bobby and make him a holder of the Public.com equity. His experience as an investor, entrepreneur, and financial literacy advocate made him the perfect candidate for our mission to get more people learned about the financial market.”
As a seasoned investor, Bobby Wagner is well known for the venture capital fund he co-founded, Fuse Venture Partners. He was also known to have served as an intern in a VC firm based in Seattle, Ignition Partners.
Part of the deal signed with Public.com would see the firm give free stocks away to the fans of bobby Wagner, who would start their investment portfolio during the financial literacy program.
The stock trading platform earlier this year announced that the firm had generated about $200 million funds after some months it closed the previous funding round.