• TradingView, a charting platform, raises $298 million at a $3 billion valuation

  • TradingView, a charting and investing platform, has raised $298 million in a round led by Tiger Global Management.

    TradingView is now worth $3 billion as a result of the increase. Prior to the latest capital injection, the London-based company had raised slightly more than $40 million, with its most recent raise occurring in May 2018.

    The platform, which was launched around a decade ago and is used by over 30 million people, allows users to chart the performance of a wide range of assets while also providing them with a social network for discussing trades.

    TradingView’s website has seen a 237 percent increase in visitors over the last 18 months, during which retail trading on platforms such as Robinhood has skyrocketed.

    Several fintech firms that offer stock investing, including Trade Republic and Revolut, have raised large sums of money to capitalize on the growing interest in the sector. Infrastructure firms that support these retail trading platforms, such as DriveWealth, which raised $450 million in August, have also done well.

    TradingView, which is profitable, is now looking to expand globally.

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