Singapore’s Octava leads $2 million round in Forex conversion and retention specialist TradeSocio


TradeSocio, a fintech firm that focuses on helping financial institutions acquire, convert, and retain more customers, has announced that it has raised funds to be used to accelerate sales, marketing, and execution of product roadmap.

TradeSocio has raised $1.25 million in a seed funding round led by Octava, a Singapore-based investment holding group.

The investment follows an earlier $800,000 round of private seed funding, and will be used to further accelerate the company’s rapid growth by scaling its sales, marketing, and execution of the product roadmap.

TradeSocio clients have included Forex brokers such as FXPRIMUS, DirectFX, AFX Capital and GDM FX.

Commenting on the funding, TradeSocio CEO Rohan Hall says:

“Over the past year, we’ve focused on building a great team and a product suite that significantly improves how financial institutions can acquire, convert, and retain clients. Having successfully deployed our software to clients in both Europe and Asia, we’re now ready to begin scaling our operations. This round of funding provides us with the resources needed to achieve our growth plan”.

Joseph Tey, the Director of Octava, said:

“TradeSocio have pioneered the way in which brokers and financial institutions can take advantage of new disruptive fintech technologies, including big data, marketing automation, social technologies, and gamification. We believe the company has the potential to make even greater waves in the financial services market as they continue to innovate with additional products and features.”

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Singapore's Octava leads $2 million round in Forex conversion and retention specialist TradeSocio

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