TradingView had ann...
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TradingView had announced a new $298 million investment round

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TradingView Inc, the world's most popular charting platform and social network for traders and investors, today announced a new $298 million investment round – led by Tiger Global. The financing takes the company – with paying customers in over 180 countries worldwide – to a $3 billion valuation.

The 10-year-old company, which operates one of the market’s largest financial and social platforms, has been doubling down on its broker relationships. Most recently, it integrated easyMarkets, a multi-regulated retail broker, as the latest online trading partner.

London-based TradingView recorded a 237% increase in visitors over the past 18 months as consumers turned their attention to trading amid pandemic lockdowns. General Manager Pierce Crosby said it now has 29 million monthly active users of its stock charts and other services such as data and news.

The company is also doubling down on 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.

While TradingView’s products appeal largely to millennials – with 75% of its revenue coming from subscriptions sold to individual traders – it also supports institutional clients and big exchanges. The company earns revenue on three monthly membership models, priced at $15, $30, and a high-end $60 per-month premium option in turn of a host of features, data analytics, and real time-alerts.

"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 realize this ambition and expand the company's market leadership position."

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