TradingView, a NYC-based social trading platform and community of active retail investors, acquired TradeIt, an API infrastructure that links retail investors and app developers with top financial institutions.
The amount of the deal was not disclosed.
The combination of the two companies reaches more than 10m monthly active users in more than 150 countries. TradingView plans to extend the TradeIt ecosystem with new products including Account Opening and Proxy Messaging Delivery, as well as with new publisher relationships. All TradeIt customers will also now have access to TradingView’s charting and quote capabilities. TradingView supplies more than 40,000 Web sites globally with charts and quotes including Crunchbase, Investopedia, SeekingAlpha, Zacks, Binance, CME Group and Entrepreneur.
Led by Nathan Richardson, CEO, TradeIt is an API infrastructure that links retail investors and app developers with top financial institutions. The focus is on providing an intuitive, relevant and strategic platform for stakeholders to engage with all their portfolios, regardless of brokerage. By partnering with finance destinations such as Yahoo! Finance, customers are able to get a 360 degree approach to trading.
TradeIt’s application programming interface (API) and service suite links to more than $70 billion in active assets at top U.S. brokerage firms.
Led by Denis Globa, founder and CEO, TradingView is a social trading platform and community of active retail investors. Over 7m traders worldwide join the platform to analyze the markets, share ideas and improve. Designed to provide a Bloomberg-like experience to non-professional traders, users have free access to top-notch charting and analysis, publish trading ideas and discuss markets in real-time. The free platform is in HTML5, and works across different platforms – such as iPads, or Android-based tablets and phones.