Spiking scores $750k for stock market advice

Stock market tracking app Spiking has raised $750,000 in a seed round of funding from a group of individual investors.

The company’s app informs retail investors of who and what is behind spikes in the market in real time using crowdsourcing technology.

The Singapore-based company says it will use the capital to scale up its operation to reach 10 stock exchanges around Asia.

Spiking says it also aims to let users connect their brokerage accounts to the app so they can quickly place orders based on Spiking’s alerts.

Alongside its core app the company is also launching two new products. Spiking Finance will help to aggregate news and investor activity while Spiking Forum will organise member’ discussion threads.

Copyright © 2016 FINTECH GLOBAL

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