fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

Singapore trading app MarketWolf scores $5.5m seed funding

Team AsiaTechDaily by Team AsiaTechDaily
19 October 2021
in Featured, FinTech
0
MarketWolf

Vishesh Dhingra, founder and CEO, MarketWolf

28
SHARES
Share on FacebookShare on Twitter
Bookmark(0)

Please login to bookmark

No account yet? Register

MarketWorlf, a Singapore-based intra-day options-only trading app, announced raising $5.5 million in seed funding backed by high-profile individual investors, including Anil Thadani, Ashutosh Sinha, and Ramakant Sharma.

The fresh funding will be used to build new products, expand its user base, and attract top talent, according to the startup. MarketWolf last raised $1.7 million in its angel round.

MarketWolf was founded in 2017 by former investment bankers Vishesh Dhingra and Thomas Joseph.

Headquartered in Singapore with offices in Mumbai and India, it claims to be the world’s first ‘intra-day options only’ trading app, which aims to make trading as easy as possible without compromising on the protection needed for the less experienced investors.

The company launched in India as its first market and is experiencing exponential growth in all business metrics with trading accounts increasing by 4X and monthly active users multiplying to 10X over the last few months.

MarketWolf, which is a licensed stockbroker in India, has clocked over 1 million app downloads and is available on both Android and iOS.

“This funding announcement is a significant step forward for all of us at MarketWolf, and a testament to the fact that our investors believe in our vision of democratising trading worldwide,” according to founder and CEO Vishesh Dhingra.

“We believe ‘Anyone Can Trade’ and are working towards demystifying the complex world of trading, starting with intra-day options. Our global ambitions are backed by a strong group of investors and an experienced, diligent team that is able to deliver under any circumstances,” he added.

The company said it does not believe in giving tips but instead creating the right conditions and ecosystem for users to make better trading decisions.

With this belief, MarketWolf said it has pioneered the bold model of charging brokerage only when a trade makes profit.

“Our aim is to create a global community of MarketWolves – people who learn the psychology, knowledge, and tools to trade well in all market conditions and train each other to become better traders,” Dhingra said.

What are your thoughts?
+1
2
Upvote
+1
0
Clap
+1
1
Clap
+1
1
On fire
+1
0
Meh
+1
0
Clap
+1
0
Previous Post

India-based short-video app Chingari launches its first NFT marketplace and crypto tokens

Next Post

Geniebook Raises US$16.6 Million In Series A Funding Round

Related Posts

Allinfra
Featured

Nomura leads $6m Series A in climate tech startup Allinfra

May 25, 2022
ADDX
Featured

Private market exchange ADDX raises $58m in pre-Series B funding

May 24, 2022
Pebble
Featured

Fintech startup Pebble raises $6.2m, to launch app in SE Asia

May 24, 2022
anycover
Featured

SG insurtech startup anycover nets $450k, eyes expansion into Malaysia, Indonesia

May 20, 2022
Grab
Featured

Grab reports 6% revenue rise in Q1 2022

May 19, 2022
Antler
Featured

Venture investor Antler commits $100m to over 300 startups in SE Asia in 4 years

May 19, 2022
Next Post
Geniebook

Geniebook Raises US$16.6 Million In Series A Funding Round

Discussion about this post

No Result
View All Result

FREE NEWSLETTER

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Startup Investing
    • Fundraising
    • Product Launching
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2021 AsiaTechDaily.com| About Us | Seed acceleratorTerms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo