InvestLab Raises $10M in Series A Financing

InvestLab, a San Francisco, Hong Kong, and Singapore-based financial technology company that provides an open trading platform, has raised $10m in Series A financing.

Backers include VantagePoint Capital Partners and Citi Ventures, a unit of global financial services company Citigroup.

Led by Founder and CEO Mark Munoz, InvestLab offers:
– Tradepop.com, a social investing website that uses sentiment analysis to rank and rate stocks and
– MIX, a platform that helps retail brokerage firms seeking a more cost effective cross-border trading solution to grow their business.

The company intends to use the capital to further grow its global community of investors on Tradepop, expand its sentiment platform and deliver its technology to clients.

In conjunction with the funding, Melissa Guzy, VPCP’s Managing Director and Head of Emerging Markets Asia, has joined InvestLab’s board of directors.

FinSMEs

09/03/2012

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