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
    • Investors’ interviews
    • Founders’ interviews
    • Product Launch
  • 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

46
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.

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

edit post
Bayo Pay
Featured

Malaysia’s Bayo Pay bags $2.4m in Series A round led by VentureTECH SBI

June 2, 2023
edit post
Oxalus
Blockchain

Blockchain startup Oxalus raises $1.1m for NFT social commerce expansion

June 2, 2023
edit post
Sleek CEO, Eric Kim at the East meets West Pitch competition
AI & Big Data

Sleek’s ‘Hifive’ Fitness Platform Triumphs at 2023 East Meets West Pitch Competition in Hawaii

June 2, 2023
edit post
WeGoWhere
Featured

500 Global leads $1.2m Seed funding in social networking startup WeGoWhere

June 1, 2023
edit post
Hybr1d
Featured

SG startup Hybr1d raises $3.2m, eyes global workforce management expansion

June 1, 2023
edit post
TRIREC
Clean Technology

TRIREC, INNOPOWER team up for $100m green energy fund

May 30, 2023
Next Post
edit post
Geniebook

Geniebook Raises US$16.6 Million In Series A Funding Round

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms 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
    • Investors’ interviews
    • Founders’ interviews
    • Product Launch
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback