Trading Platforms

Controversial trading app Robinhood, which was at the centre of a retail-trading frenzy that gripped Wall Street this year, plans to raise up to $2.3bn in an initial public offering.

Investment companies employ a variety of techniques to recommend mutual funds to their customers.

Electronic trading platform AX Trading Network has raised $20m in a round of venture funding. The investors and terms of the deal are undisclosed.

FundGuard, an AI-powered SaaS investment management and asset servicing platform, has netted $12m in its Series A round.

Seattle-based cryptocurrency trading platform Strix Leviathan $1.6m in a seed round led by Liquid 2 Ventures.

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

Cryptocurrency trading platform Tokens has raised $15m in an ICO from 1,799 contributors.

Algo Trader hopes to become the preferred supplier for professional traders with anything traded on the blockchain, according to Algo Trader founder and CEO Andy Flury.

Change, a cryptocurrency investing platform for retail investors, has closed a $4.5m crowdfund from 50 private investors at a $214m valuation.

DMALINK, a renowned name in the FinTech realm, recently celebrated a significant milestone. The firm successfully concluded its crowdfunding campaign on the Seedrs platform, raising an impressive £437,404, a feat even more commendable considering it exceeded their initial target of £425,010.