Thai analytics app StockRadars raises fresh round from return backer CyberAgent, others; kicks off real-time trading

Image from StockRadars' facebook

Bangkok-based stock trading and analytic app StockRadars has raised a fresh funding round led by existing investor CyberAgent Ventures and a number of angel investors, including Thai stock-trading tycoon Watchara ‘Sia Pong’ Kaewsawang.

The value of the round was undisclosed.

On the same day, it also launched real-time stock trading inside its app for iOS and Android.

The app already allows users to follow and analyse public stocks from their phone, but users will now be able to trade via StockRadars in Thailand.

“Today is a major day. Not only have we gained the backing of many of Thailand’s most successful traders, but now we have removed the barrier and enabled anyone to trade stocks in Thailand,” Teerachart ‘Max’ Kortrakul, CEO of StockRadars, said.

The new funding will be used in two parts. Some of it will go towards offline activities in Thailand such as holding seminars, aiming to educate users and boost the trading volume via the app. The other will be used to launch the StockRadars analytics service in eight countries, China, Taiwan, Hong Kong, South Korea, Japan, New Zealand, India and Singapore.

“Same as Thailand, we will enable users in these markets to get up-to-minute news and analytics on public companies right from their smartphone,” he said.

It has recently kicked off a new feature, StockRadars Talk, an online community and platform for searching and sharing stock information.

StockRadars was launched in 2013 and raised a pre-Series A funding round of an undisclosed amount from CyberAgent Ventures and East Ventures in January last year.

Also read:

StockRadars raises pre- Series A funding

Cyberagent Ventures to launch $50m second Southeast Asia fund with focus on Indonesia

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.