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SparkGift makes it easy to send stocks and index funds as gifts to…
Key people at SparkGift.
SparkGift was founded by Peggy Mangot (Founder/CEO) and Bob Haigler (Founder/CTO).
SparkGift is a Y Combinator backed technology startup that makes it easy to give investments as gifts.
The founders came together with a common vision that it should be as easy to give someone an investment in the future, as it is to give someone a retail gift card. SparkGift supports small dollar gifts and fractional shares, so you can give someone a $20 investment in Apple or a Vanguard index fund.
SparkGift is creating products that make investing simple, enjoyable and accessible to the masses. Our mission is to use gifts to create new savers & investors at scale.
SparkGift was founded by Peggy Mangot (Founder/CEO) and Bob Haigler (Founder/CTO).
SparkGift is a fintech startup that simplifies giving stocks and index funds as gifts, making investing accessible and enjoyable for a broad audience. Its core product enables users to send fractional shares or small-dollar investments as gifts, similar in ease to retail gift cards. The company targets new savers and investors, aiming to create financial literacy and long-term wealth-building habits through gifting. SparkGift gained early traction by personalizing and democratizing stock gifting, especially appealing to millennials[1][4].
Founded in 2015 and based in San Francisco, SparkGift was co-founded by Peggy Mangot (CEO) and Bob Haigler (CTO), both with strong fintech and product backgrounds. The idea emerged from their shared vision to make investment gifting as straightforward as buying a gift card, thereby encouraging a new generation of savers and investors. SparkGift participated in Y Combinator’s Winter 2015 batch, which helped accelerate its early development and market entry[1][7].
SparkGift rides the growing trend of democratizing finance and investing, particularly through fractional shares and financial inclusion. The timing aligns with increased interest in personal finance education, millennial investment habits, and the rise of fintech platforms lowering traditional barriers to stock market participation. By making stock gifting easy and affordable, SparkGift contributes to expanding the investor base and promoting financial literacy, influencing how younger generations engage with wealth-building tools[1][4].
Following its acquisition by Stockpile in 2016, SparkGift’s technology and customer base were integrated into a larger platform offering more comprehensive gifting and brokerage services. The combined entity is well-positioned to capitalize on trends like fractional investing, financial literacy, and personalized fintech experiences. Future growth likely hinges on expanding user engagement, enhancing mobile and social features, and continuing to simplify investing for new audiences. SparkGift’s early vision of making investment gifting as effortless as retail gifting remains a compelling driver in the evolving fintech landscape[4][5].
Key people at SparkGift.