APAC-focused online brokerage Tiger Brokers has announced a new partnership with Australian media fintech Grafa, to develop AI-powered data, news and analytics in its brokerage app.
As part of the deal, Tiger Brokers will integrate Grafa’s AI-powered news feed into its brokerage app, Tiger Trade, which will provide users with access to data-driven news on US and Australian equities, as well as and about cryptocurrencies, economy and forex.
Jack Liang, Vice President of Tiger Brokers Australia said:
“As the majority of our Australian users trade both ASX and US shares, getting near-real-time information on which companies are putting money back is as critical as access to the US market. We are excited to partner with Grafa as it gives us a competitive edge to enable our customers to make informed decisions. A real step forward in enabling our traders to become smart investors.”
Remarkable gains in US stocks including Microsoft, Apple and Nvidia, which have underperformed many ASX-listed companies, have fueled interest in trading platforms such as Tiger Trade over the past 12 months.
Grafa CEO Heidi Cuthbert said:
“Grafa creates a seamless interface for users to learn all about Apple, for example, and all that information sits side-by-side with BHP. Grafa currently has data and news on US and Australian stocks, but will quickly expand to include more global stock markets.”
Tiger Brokers claims to have more than 10 million users worldwide and was originally backed by legendary investor Jim Rogers.
As part of the agreement, Grafa will also offer Tiger Trade users a free 6-month subscription to the Grafa platform, which offers advanced market control functionality, charting and extensive data analysis.
“Grafa has built an excellent dataset with automated triggers on more than 50 thousand assets. More importantly, it has developed proprietary personalization that alerts users to important events that affect their money in real time,” Cuthbert added.
In addition to producing its own data-driven content, Grafa licenses video content from Bloomberg, Investing Channel, Cheddar TV and Coindesk.
“Grafa is growing extremely fast and perhaps what is most attractive about the platform is that it makes finance fun. People don’t just want data and information, they want it delivered in a way that’s exciting and engaging,” said Cuthbert.
About Scripture
Grafa is a financial media technology company that provides users with access to a wealth of market information quickly and in a fun and engaging way. It was founded by former Bloomberg colleagues who had a vision to make finance, economics and business information accessible to everyone from Wall Street to the high street. Grafa provides a world-first 360-degree view across all asset classes, opening up financial markets to everyone, regardless of their prior knowledge. Grafa has a rapidly growing user base and is available for download on the Apple App Store and Google Play.
About Tiger Brokers
Founded in 2014, Tiger Brokers (Nasdaq:TIGR) is a leading online brokerage focused on redefining global investing with next-generation technology. Our unwavering mission to help everyday Australians, from beginners to experts, take full control of their investment journey and bring our local knowledge and industry-leading share trading platform to every investor.
Tiger Brokers currently serves over 10 million users and 2 million account holders worldwide on our leading platform Tiger Trade, with 69 licenses and qualifications in different markets. In 2019, the company was listed on Nasdaq as UP Fintech Holding Limited under the ticker TIGR.