Retail traders and investors social network TradingView has secured $298m in financing from Tiger Global, bumping up its overall value to $3bn.
Established in 2011, TradingView brings together web charting, analytics and a trading platform with social network functions to enable communication between traders and investors. Users of the platform can access a free stock and forex charting trading platform to share and view trading plans and access real-time data on the market.
The company has over 30 million monthly users and has paying customers in over 180 countries worldwide.
TradingView has seen a 400% increase in created accounts over the last 18 months, as well as a 237% hike in the number of visitors to the platform.
The company is also doubling down on its broker relationships and is anticipating partnering and integrating with most major platforms over the next few years to enable consumers to trade directly from TradingView.
TradingView CEO Denis Globa said, “We built this company with the belief that people everywhere want the same thing: to be in control of their own economic futures. We work towards this by creating an environment where all traders and investors can ‘look first and then leap’.”
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