Skilling Raises EUR10 Million in Seed Funding Round

On January 17, Skilling, a forex and CFD online Trading Platform based in Cyprus, announced that it raised EUR10 million in a new funding round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business in question. Common factors that analysts use for valuations include market size, risk, management, and historical transparency. Types of Funding RoundsThe seed funding round officially kicks off a startup’s equity fundraising process. Used by startups to finance the beginning stages of its business, some proceeds of seed funding may go towards product development and market research.Common investors include angel investors, friends, family, and venture capital firms.Companies that emerge out of the seed funding round that has gone on to prove its ability to build a consumer base while generating a regularly occurring revenue can participate in Series A Fundraising.Businesses that wish to opt-in to a Series A funding round must also possess a strong business strategy to illustrate how it will continue to manifest into a successful business. Series B Fundraising are available for companies that are seeking to depart the development stage that has valuations between $30 million to $60 million.Companies that go on to make it to Series C funding rounds are considerably successful where the aim is to scale a company as efficiently and quickly as possible. Typical investors include investment banks, private equity firms, and hedge funds. For many investors, monitoring how a startup goes through funding rounds is a tactical strategy for securing high-probability investments. Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business in question. Common factors that analysts use for valuations include market size, risk, management, and historical transparency. Types of Funding RoundsThe seed funding round officially kicks off a startup’s equity fundraising process. Used by startups to finance the beginning stages of its business, some proceeds of seed funding may go towards product development and market research.Common investors include angel investors, friends, family, and venture capital firms.Companies that emerge out of the seed funding round that has gone on to prove its ability to build a consumer base while generating a regularly occurring revenue can participate in Series A Fundraising.Businesses that wish to opt-in to a Series A funding round must also possess a strong business strategy to illustrate how it will continue to manifest into a successful business. Series B Fundraising are available for companies that are seeking to depart the development stage that has valuations between $30 million to $60 million.Companies that go on to make it to Series C funding rounds are considerably successful where the aim is to scale a company as efficiently and quickly as possible. Typical investors include investment banks, private equity firms, and hedge funds. For many investors, monitoring how a startup goes through funding rounds is a tactical strategy for securing high-probability investments. Read this Term. The foreign exchange company stated that the new capital adds to EUR15 million in the funding raised by the firm over the previous 18 months from what it called ‘seasoned Scandinavian investors.’ The company did not, however, provide any specific names nor elaborate more about the ‘Scandinavian investors.’

Skilling plans to use the new funding to accelerate its recruitment of talented professionals and further advance its proprietary trading technology in order to remain adaptive in the ever-changing landscape of investing and online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Read this Term.

Michael Kamerman, the Group CEO of Skilling, talked about the development and said: “This fundraising round represents the beginning of the next phase of Skilling’s growth as we further assert ourselves in the fintech industry. We are pleased to have several forward-looking investors from various countries committed to contributing to Skilling’s long-term growth.”

The fundraise comes after what Skilling describes 2021 as an exciting year for the company. During that year, the firm launched multiple products and services like its introducing broker and affiliate program, bespoke partnership portal that adds transparency and functionality for partners, and also the launch of the Skilling Copy platform, where consumers can follow or copy thousands of trading strategies offered by other traders. In 2021, Skilling was one of the first brokers to provide trending products. For instance, its “meme trading” culture attracted wide attention from traders and the general public throughout the year.

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Skilling is keen to stay-up-to-date with current trends, and remains dedicated to fulfill its vision. The company’s vision is to provide simple, but robust technology that allows consumers to navigate their investments and trading throughout the customers’ financial life.Such a long-term vision with investment in in-depth proprietary technology stacks supported by some of the industry’s top talented workforce will accelerate Skilling’s position within its current industry and beyond.

Pushing towards Global Reach

The latest development by Skilling comes at a time when the online trading platform is committed to push toward its global expansion. In the recent past, the FX company secured approval from the Financial Conduct Authority (FCA) to establish a branch in the UK as part of the company’s effort to extend its global presence. Skilling is regulated by several jurisdictions, with licenses under the Financial Services Authority (FSA) in Seychelles, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and then the FCA UK Branch authorization. The firm is a growth-stage broker that provides online trading with over 800 instruments. It is a multi-asset broker with offerings in commodities, cryptocurrencies, forex, indices, and share CFDs.

On January 17, Skilling, a forex and CFD online Trading Platform based in Cyprus, announced that it raised EUR10 million in a new funding round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business in question. Common factors that analysts use for valuations include market size, risk, management, and historical transparency. Types of Funding RoundsThe seed funding round officially kicks off a startup’s equity fundraising process. Used by startups to finance the beginning stages of its business, some proceeds of seed funding may go towards product development and market research.Common investors include angel investors, friends, family, and venture capital firms.Companies that emerge out of the seed funding round that has gone on to prove its ability to build a consumer base while generating a regularly occurring revenue can participate in Series A Fundraising.Businesses that wish to opt-in to a Series A funding round must also possess a strong business strategy to illustrate how it will continue to manifest into a successful business. Series B Fundraising are available for companies that are seeking to depart the development stage that has valuations between $30 million to $60 million.Companies that go on to make it to Series C funding rounds are considerably successful where the aim is to scale a company as efficiently and quickly as possible. Typical investors include investment banks, private equity firms, and hedge funds. For many investors, monitoring how a startup goes through funding rounds is a tactical strategy for securing high-probability investments. Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business in question. Common factors that analysts use for valuations include market size, risk, management, and historical transparency. Types of Funding RoundsThe seed funding round officially kicks off a startup’s equity fundraising process. Used by startups to finance the beginning stages of its business, some proceeds of seed funding may go towards product development and market research.Common investors include angel investors, friends, family, and venture capital firms.Companies that emerge out of the seed funding round that has gone on to prove its ability to build a consumer base while generating a regularly occurring revenue can participate in Series A Fundraising.Businesses that wish to opt-in to a Series A funding round must also possess a strong business strategy to illustrate how it will continue to manifest into a successful business. Series B Fundraising are available for companies that are seeking to depart the development stage that has valuations between $30 million to $60 million.Companies that go on to make it to Series C funding rounds are considerably successful where the aim is to scale a company as efficiently and quickly as possible. Typical investors include investment banks, private equity firms, and hedge funds. For many investors, monitoring how a startup goes through funding rounds is a tactical strategy for securing high-probability investments. Read this Term. The foreign exchange company stated that the new capital adds to EUR15 million in the funding raised by the firm over the previous 18 months from what it called ‘seasoned Scandinavian investors.’ The company did not, however, provide any specific names nor elaborate more about the ‘Scandinavian investors.’

Skilling plans to use the new funding to accelerate its recruitment of talented professionals and further advance its proprietary trading technology in order to remain adaptive in the ever-changing landscape of investing and online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. The most common online retail platform for forex trading is known as MetaTrader 4 (MT4). Read this Term.

Michael Kamerman, the Group CEO of Skilling, talked about the development and said: “This fundraising round represents the beginning of the next phase of Skilling’s growth as we further assert ourselves in the fintech industry. We are pleased to have several forward-looking investors from various countries committed to contributing to Skilling’s long-term growth.”

The fundraise comes after what Skilling describes 2021 as an exciting year for the company. During that year, the firm launched multiple products and services like its introducing broker and affiliate program, bespoke partnership portal that adds transparency and functionality for partners, and also the launch of the Skilling Copy platform, where consumers can follow or copy thousands of trading strategies offered by other traders. In 2021, Skilling was one of the first brokers to provide trending products. For instance, its “meme trading” culture attracted wide attention from traders and the general public throughout the year.

Related content

Ford Signs 5-Year Deal with Stripe to Boost Its Digital Payments
How Inflation Correlates with the US Dollar Index?

Skilling is keen to stay-up-to-date with current trends, and remains dedicated to fulfill its vision. The company’s vision is to provide simple, but robust technology that allows consumers to navigate their investments and trading throughout the customers’ financial life.Such a long-term vision with investment in in-depth proprietary technology stacks supported by some of the industry’s top talented workforce will accelerate Skilling’s position within its current industry and beyond.

Pushing towards Global Reach

The latest development by Skilling comes at a time when the online trading platform is committed to push toward its global expansion. In the recent past, the FX company secured approval from the Financial Conduct Authority (FCA) to establish a branch in the UK as part of the company’s effort to extend its global presence. Skilling is regulated by several jurisdictions, with licenses under the Financial Services Authority (FSA) in Seychelles, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and then the FCA UK Branch authorization. The firm is a growth-stage broker that provides online trading with over 800 instruments. It is a multi-asset broker with offerings in commodities, cryptocurrencies, forex, indices, and share CFDs.

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