Fintech Firm StockViva Bags US$3 Million in Series A Funding Round
FinTech News Hong Kong |
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StockViva, a fintech company that provide real time investment analysis and education from key opinion leaders (KOLs), announced that it has raised more than US$3 million in a Series A funding round.
The company received the funds from Farquhar VC from Singapore, Kharis Capital from Luxembourg, and Hong Huan Group, Angelhub, along with several individual investors from Hong Kong.
Combined with the previous US$2 million investment by Alibaba Hong Kong Entrepreneurs Fund from Hong Kong, K3 Ventures founded by MX Kuok from Singapore and individual investors across Asia, StockViva has raised more than US$5 million to date.
Launched in 2018, StockViva provides real time online education services by financial KOLs, and online trading connections with different financial institutions in Asia.
This covers a range of financial products such as US, Hong Kong, and Taiwan stocks, along with FX and derivatives.
Amidst the COVID-19 pandemic, StockViva has witnessed over 122% growth in revenue and 932% growth in trading volume in 2021.
Samuel Wan, the Co-founder and Chairman of StockViva said,
“We are very pleased to receive strong support from our influential and strategic investors. In 2021, we saw significant growth opportunities in Hong Kong, Taiwan, and South East Asia, and our active users in these regions grew very quickly.
With the new funding, we would be able to provide more resources to support our financial KOL in Asia, speed up our hiring process in these regions, and continue to improve the user experiences of our product and better serve our users overall.”