10 years ago
TRData Raises $1.3 Million for Emerging Markets Data Platform
TRData, a London-based startup with a development team in Ukraine, offers traders access to real-time market data from emerging markets
The company has recently raised $1.3 million in a Series A funding round led by a group of international finance executives alongside 500 Startups
TRData claims to have seen 20% monthly growth since 2013, when it received backing from Seedcamp
The company's founder and CEO, Anton Pasechnikov, says that TRData's typical user is a trader at a bank who is looking for reliable information from fragmented exchanges in emerging markets.
ProblemFinancial Services
"Traders in emerging markets struggle to find reliable, real-time information from fragmented exchanges. This lack of access to crucial market data makes it difficult to make informed decisions and gain a competitive edge."
Solution
"TRData provides traders with a central platform for accessing real-time market data, news, and prices from emerging markets like Russia, Ukraine, Central Asia, the Middle East, and Africa. This comprehensive information gives traders a complete picture of market activity, allowing them to make better-informed trading decisions."