ZMC adds online trading education platform Simpler Trading to portfolio

Rick Steves

“We are confident that ZMC’s expertise in scaling digital content businesses will help us significantly expand our offerings, extend our reach into new investment verticals, and improve our technology platform.”

Simpler Trading has raised a significant investment from affiliates of private equity firm ZMC as the online education platform for individual traders and investors plans to accelerate its growth and expand key technology and offerings.

John Carter, the founder of Simpler Trading back in 1999, will remain engaged in the business in his current capacity, leading the Small Account Mastery and Options Gold Room, as well as developing new strategies and tools to best serve the growing Simpler Trading audience.

Counting on ZMC’s expertise in scaling digital content businesses

The online platform provides an integrated suite of products including educational content, tools, and live trading rooms to guide traders on improving their trading skills.

Content is delivered through live and evergreen classes, newsletters, and live trading rooms to engage traders with actionable trading strategies.

John Carter, founder of Simpler Trading, commented: “We are thrilled to be partnering with ZMC as the Company enters its next phase of growth. We are confident that ZMC’s expertise in scaling digital content businesses will help us significantly expand our offerings, extend our reach into new investment verticals, and improve our technology platform. Overall, we are excited for our partnership with ZMC to enhance the individual trader journey and help more traders achieve their goals.”

Brittany Burns, Chief Executive Officer at Simpler Trading, added: “With ZMC’s support, we look forward to continuing to offer best in class educational content and technology for our growing community of traders.”

FinanceFeeds webinar: Expert panel to discuss market data for multi-asset brokerages  

Simpler Trading as a unique content platform for individual traders

ZMC is a private equity firm that invests invest in and manages a diverse group of media and communications enterprises. ZMC is currently investing out of ZMC III, L.P., which closed on $775 million in commitments.

Terms of the investment were not disclosed, but Evolve Capital Partners Inc. acted as financial advisors and McGuireWoods LLP acted as legal advisor to Simpler Trading. Sidley Austin LLP acted as legal advisor to ZMC.

Jordan Turkewitz, Managing Partner and Co-Chief Investment Officer at ZMC, said: “Simpler Trading has built a unique content platform for individual traders and investors. We admire what the team has achieved already and are excited to support accelerated growth through enhanced offerings and expansion into new category verticals both organically and via acquisition.”

Jason Sporer, Principal at ZMC, added: “The investment in Simpler Trading fits ZMC’s thematic focus on high-quality educational content in the growing market for trading. As the trading community continues to grow rapidly, more individuals will seek platforms like Simpler Trading for insightful content to improve their knowledge-base of trading strategies.”

Read this next

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

<