TradingView Acquires TradeIt, Adds Instant Investor APIs
- This is the first acquisition for the US-based company.
TradingView, a social trading platform and community of retail investors, announced this Wednesday that it has acquired TradeIt, a Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term application programming interface (API) and application provider.
This is the first Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term for the company and allows customers of TradingView to trade through major US brokers from wherever they are. Thanks to TradeIt’s API and service suite, the two companies claim they will serve more than 10 million monthly active users in 150 countries, linking to more than $70 billion in active assets at top U.S. brokerage firms.
While details of the deal have not been disclosed, an article from TechCrunch, which cites sources familiar with the deal, reports that the transaction was under 20 million dollars and in the “high teens.”
Denis Globa, TradingView founder and Chief Executive Officer (CEO) said: “TradeIt’s secure and compliant relationships with established U.S. retail brokerages, coupled with their robust integrations with top investing apps, allows TradingView to be part of the backbone of the investing ecosystem.”
TradingView has partnered with a number of firms including Crunchbase, Investopedia, SeekingAlpha, Zacks, Binance, CME Group, Entrepreneur and as Finance Magnates reported, GAIN Capital, among others. Altogether, the company supplies more than 40,000 websites globally with charts and quotes, the statement said.
TradingView Plans to Expand the TradeIt Ecosystem
Looking to the future, the US-based firm plans to extend the TradeIt ecosystem. This will be achieved by creating new products, such as Account Opening and Proxy Messaging Delivery, among others. In addition, TradeIt customers will now also have access to TradingView’s charting and quote capabilities.
“TradingView’s vision aligns strongly with our view of the distributed financial networks of the future,” added Nathan Richardson, the CEO of TradeIt. “We’ve worked with TradingView for several years now, and always felt our complementary products and shared retail investing users makes us stronger together.”
TradingView, a social trading platform and community of retail investors, announced this Wednesday that it has acquired TradeIt, a Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term application programming interface (API) and application provider.
This is the first Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term for the company and allows customers of TradingView to trade through major US brokers from wherever they are. Thanks to TradeIt’s API and service suite, the two companies claim they will serve more than 10 million monthly active users in 150 countries, linking to more than $70 billion in active assets at top U.S. brokerage firms.
While details of the deal have not been disclosed, an article from TechCrunch, which cites sources familiar with the deal, reports that the transaction was under 20 million dollars and in the “high teens.”
Denis Globa, TradingView founder and Chief Executive Officer (CEO) said: “TradeIt’s secure and compliant relationships with established U.S. retail brokerages, coupled with their robust integrations with top investing apps, allows TradingView to be part of the backbone of the investing ecosystem.”
TradingView has partnered with a number of firms including Crunchbase, Investopedia, SeekingAlpha, Zacks, Binance, CME Group, Entrepreneur and as Finance Magnates reported, GAIN Capital, among others. Altogether, the company supplies more than 40,000 websites globally with charts and quotes, the statement said.
TradingView Plans to Expand the TradeIt Ecosystem
Looking to the future, the US-based firm plans to extend the TradeIt ecosystem. This will be achieved by creating new products, such as Account Opening and Proxy Messaging Delivery, among others. In addition, TradeIt customers will now also have access to TradingView’s charting and quote capabilities.
“TradingView’s vision aligns strongly with our view of the distributed financial networks of the future,” added Nathan Richardson, the CEO of TradeIt. “We’ve worked with TradingView for several years now, and always felt our complementary products and shared retail investing users makes us stronger together.”