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Gotrade Raises $15.5 Million to Make Investing Fun, Fair and Simple in Southeast Asia, Launches in Indonesia

Gotrade allows users to invest in stocks and ETFs without commissions or hidden fees.   Gotrade   - the investing app on a mission to make investing accessible to everyone, everywhere - has raised $15.5 million in a Series A round led by Velocity Capital Fintech Ventures. The round also saw participation from investors around the globe including Mitsubishi UFJ Financial Group (MUFG) [Japan], BeeNext [Singapore], Kibo Ventures [Spain], Picus Capital [Germany] as well as returning investors LocalGlobe [UK], Social Leverage [US] & Raptor [US]. Gotrade allows users to invest in stocks and ETFs without commissions or hidden fees. It has racked up over 500,000 users from over 140 countries in its first year. Gotrade Indonesia, launched in partnership with local broker Valbury, the Jakarta Futures Exchange and the state-backed Futures Clearing House of Indonesia, is the first platform in Indonesia to offer  market  access  to the U.S. stock  market  through fully backed contracts. Andrew