TradingView Secures $298 Million in Funding, Receives a Valuation of $3 Billion
TradingView, one of the world’s most popular charting platforms for traders and investors, announced today that the company has raised $298 million in the latest funding round led by Tiger Global.
The official press release shared with Finance Magnates states that the company is now valued at $3 billion. TradingView has paying customers in more than 180 countries. The popular charting platform saw significant growth in the last 18 months.
During the mentioned period, TradingView reported a 400% jump in created accounts and a 237% increase in visitors to the platform. The company is also planning to expand its broker relationships in the next few years.
Commenting on the latest announcement, 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.”
TradingView gained immense popularity among traders and investors in the last few years. With more than 30 million monthly users, TradingView is one of the top-ranked investing websites in the world.
In the recent announcement, TradingView highlighted the importance of the expertise of Tiger Global for the company’s expansion. Tiger Global Management is one of the biggest investment firms in the world.
“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. We’re looking forward to helping Denis and the team realize this ambition and expand the company’s market leadership position,” Alex Cook, Partner at Tiger Global said in the recent press release.
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