NEWS

StockViva announces pre-series A investment from Alibaba Entrepreneurs Fund

January 29, 2019 | StockViva | Portfolio
Share :
StockViva, a Fintech startup based in Hong Kong, announces a pre-series A investment from Alibaba Hong Kong Entrepreneurs Fund.
 
StockViva is an award-winning Fintech startup running a free financial social app. If you are too busy or has limited knowledge to study the stock market, StockViva has hundreds of investment professionals (including but not limited to analysts, fund managers, top traders and financial key opinion leaders etc) who can provide instant analysis throughout the whole stock trading hours to you.
 
“Over 87% of individuals in Hong Kong do not have access to analysis by investment professionals”, said Samuel WAN, the Chairman and Co-founder of StockViva. “Our financial social app greatly reduces the barrier to access investment professionals, users are free to download and register, they can then start receiving instant analysis from top investment professionals in the market. Users can even ask them questions and get quick feedback for free.”
 
On the other hand, StockViva offers an excellent platform to investment professionals who want to build up their reputations and acquire fans especially in China. Since the Shenzhen-Hong Kong Stock connect in 2016, a lot of individual investors are interested to invest into Hong Kong stock market and there is a huge demand in China for analysis by investment professionals. StockViva has strong connections with reputable media in China and their own financial TV program further help the investment professionals to build their reputations in China quickly.  
 
“We aim to build a financial social app that can bridge the gap between individual investors and investment professionals and bring tremendous values to both parties.” said Samuel Wan. “The investment from Alibaba Entrepreneurs Fund is a new page of our startup journey, we can leverage on the excellent ecosystem of Alibaba to further penetrate into China and other Asia markets quickly. We truly appreciate the support from Alibaba Hong Kong Entrepreneurs Fund.” he added.
 
About StockViva:
 
StockViva is a leading financial social app in Hong Kong stock market, it was voted as the audience’s favorite fintech company in 2017 Jumpstarter competition organized by Alibaba Hong Kong Entrepreneurs Fund. StockViva was an incubatee under top incubation programs in the world, including Cyberport Incubation Program, Plug and Play and Bang Camp China.  StockViva has previously received investments from China, Singapore and HK VCs.