October 14, 2021 - TradingView has announced a new $298 million investment round, led by investment firm Tiger Global, taking the charting and financial social networking company to a $3 billion valuation.
Denis Globa, CEO and co-founder of TradingView said, "We're excited to be partnering with Tiger Global. Their global fintech expertise and insights will contribute significantly to furthering TradingView's vision of informed financial trading and investing for the world."
"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 / Then leap. That it doesn't matter who you are, or where you're from, you'll always have access to the best tools and the best insights to find your right trading opportunities, then act on them".
The investment follows strong growth for the company, which recently reported a 400% increase in created accounts, and a 237% increase in visitors to the platform in the last 18 months. It's now recognised as the world's most popular investing website, with 30 million monthly users.
The company is also looking to increase its broker relationships and is expecting to partner and integrate with most major brokerage platforms over the next few years to allow consumers to trade directly from TradingView, while using their preferred financial institutions.
"TradingView's global reach, strong product offering, and engaged customer base positions the company to be the default social network and financial analysis platform used by all traders and investors," said Alex Cook, Partner, Tiger Global. "We're looking forward to helping Denis and the team realise this ambition and expand the company's market leadership position."
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