TradeSocio, a fintech company founded in 2014 that aims to enable brokers, banks, and financial institutions to better utilize social trading, marketing automation, analytics and big data, announced its $1.25 million seed funding round led by Octava, a Singapore-based investment holding group, according to a statement.
“Over the past year, we’ve focused on building a great team and a product suite that significantly improves how financial institutions can acquire, convert, and retain clients,” TradeSocio CEO Rohan Hall commented on the fundraise. “Having successfully deployed our software to clients in both Europe and Asia, we’re now ready to begin scaling our operations. This round of funding provides us with the resources needed to achieve our growth plan.”
Octava Director Joseph Tey added,
“TradeSocio have pioneered the way in which brokers and financial institutions can take advantage of new disruptive fintech technologies, including big data, marketing automation, social technologies, and gasification. We believe the company has the potential to make even greater waves in the financial services market as they continue to innovate with additional products and features.”
The investment follows an earlier $800,000 round of private seed funding, and will be used to further accelerate the company’s rapid growth by scaling its sales, marketing, and execution of the product roadmap.