APAC focused online brokerage Tiger Brokers has announced a new partnership with Australian media fintech Grafa, to roll out AI-driven data, news and analysis into its brokerage app.
Under the arrangement, Tiger Brokers will incorporate Grafa’s AI-powered newsfeed into its brokerage app, Tiger Trade, which will give users access to data-driven news about US and Australian stocks as well as crypto, economy and forex.
Jack Liang, Vice President of Tiger Brokers Australia said:
“As a majority of our Australian users trade both ASX and US stocks, gaining near-real time insights about the companies they put money behind is as critical as gaining access to the US market. We’re excited about the collaboration with Grafa as it gives us a competitive edge to empower our customers to make insight-led decisions. A true step forward to enabling our traders to become smart investors.”
Notable gains by US stocks including Microsoft, Apple and Nvidia, which have dwarfed the performance of many ASX-listed companies, has fueled interest in trading platforms like Tiger Trade over the past 12 months.
Grafa CEO Heidi Cuthbert said:
“Grafa creates a seamless interface for users to find out everything about Apple, for example, and all that information sits side-by-side with BHP. Right now, Grafa has data and news about US and Australian stocks, but this will quickly expand to include more global stock markets.”
Tiger Brokers reports having more than 10 million users globally, and was initially backed by legendary investor Jim Rogers.
Under the deal, Grafa will also offer Tiger Trade users a free 6-month subscription to the Grafa platform which offers advanced market-screening functionality, charting and extensive data analysis.
“Grafa has built an extraordinary data set with automated triggers across more than 50 thousand assets. More importantly, it has developed proprietary personalisation which notifies users of major events that impact their money in real-time,” added Cuthbert.
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’s most appealing about the platform is that it makes finance entertaining. People don’t just want the data and information, they want it delivered in a way that’s compelling and engaging,” said Cuthbert.
About Grafa
Grafa is a finance media technology company that gives users access to large volumes of market information quickly and in a way that is entertaining and engaging. It was founded by former Bloomberg colleagues who had a vision to make finance, economics and business information accessible for everyone from Wall Street to main 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
Tiger Brokers (Nasdaq:TIGR), founded in 2014, is a leading online brokerage with a focus on redefining global investing with technology for the next generation. Our unwavering mission of helping everyday Aussies, from beginners to experts, take full control of their investing journey, and bringing our local knowledge and industry-leading share-trading platform to every investor.
Currently, Tiger Brokers serves over 10 million users and 2 million account holders worldwide on our flagship 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.
