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Singapore’s stock and crypto trading app Spiking raises an additional S$1.2 million

August 23, 2018 ibtimes Leave a Comment

Singapore's first financial-technology trading app, Spiking, which was developed and launched by the Aly Pte Ltd in April 2016 on Thursday has announced the closing of its Pre-A Series funding round at S$1.2 million and brings the total raised in the seed and Pre-A rounds to S$2.23 million. This is the first hybrid platform that will track transactions by whales in both the stock and cryptocurrency markets. Dr Clemen Chiang, CEO of Aly Pte Ltd said "This important milestone validates what we've achieved so far with the Spiking app. With this fresh injection of capital, we will demonstrate user growth and focus on driving revenues with new monetization channels. This will lay the foundation for the subsequent Series A funding round." After the launch of Spiking as a social stock trading platform, retail investors have been using it to track transactions of significant shareholders or whales of publicly listed companies. Currently, its coverage has extended to six stock exchanges in four … [Read more...] about Singapore’s stock and crypto trading app Spiking raises an additional S$1.2 million

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