Retail brokerage firm Tradier today announced the close of a $24.6 million Series B funding round.
Led by PEAK6 Strategic Capital, with participation from existing investors F-Prime Capital and KF Business Ventures, the new funding will accelerate Tradier’s growth by giving traders and partners access to advanced features, live content and more custom services.
Last year was a record one for Tradier, with traders who signed up for the platform’s subscription plans averaging an account size of $30,000 and executing an average of 150 trades each month. Tradier’s equity share and option contract volumes have increased 100% year-over-year.
The funding comes on the heels of the emergence of a new base of active retail traders who are demanding more custom platforms and content engagement. Tradier dubs this phenomenon the “graduation…
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