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Skilling raises €10 million in latest fundraising round to fuel future growth

Optimizer Invest’s portfolio company Skilling announces its largest investment round to date, netting €10m in fresh capital and €15m in the past 18 months alone

17th January 2022 – Skilling, a global provider of online investment and trading services, announces that it has closed its largest funding round to date bringing in €10 million in capital and €15 million in the past 18 months from seasoned Scandinavian investors. The latest financing has increased the company’s valuation by nearly 50% in just the past year. This announcement is made on the back of a record year with triple-digit yearly increases in active users, trade volumes and revenues.

Group CEO of Skilling, Michael Kamerman, announced, “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 company will deploy its fresh capital to accelerate the recruiting of top talent and further advance its proprietary trading tech to remain adaptive in the ever-changing world of investing and online trading. The company’s vision is to offer simple but robust technology that allows customers to navigate their trading and investments throughout the customer’s financial life. This long-term vision with investments in a deep proprietary tech stack  supported by some of the industry’s brightest talent will accelerate Skilling’s position within its current industry and beyond.

The capital raise comes after an exciting year for Skilling as the company launched a number of products and services such as its introducing broker and affiliate program with a bespoke partnership portal adding functionality and transparency for partners, as well as the launch of the Skilling Copy platform, where customers can copy or follow thousands of trading strategies provided by other traders. In 2021, Skilling was one of the first brokers to offer trending products in light of the “meme trading” culture that captivated traders and the public throughout the year. It’s clear that Skilling stays up-to-date with current trends,  and remains committed to its vision: to keep diversifying its business in order to be there for traders and investors throughout their financial lives.

About Skilling

Skilling is a growing fintech with a track record of success, founded and driven by Scandinavian entrepreneurs. The company thrives by truly understanding its customers’ needs, with a long-term mission to develop the best products and services within the industry. Skilling offers CFD trading on a wide range of world markets such as top stocks, indices, ETFs, commodities, and renown cryptocurrencies, as well as copy trading services through advanced proprietary and third-party platforms. The group’s competitive pricing, reliability and quick execution, as well as its client-centric focus, are the reasons why more and more traders are switching to Skilling. As it continues to expand and accomplish its goals, Skilling’s vision remains simple: to make investment and trading interesting and accessible to everyone, in a transparent and secure way.

Skilling Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under CIF license No. 357/18. The registered office of the Company is situated at 62 Athalassas Avenue, Strovolos, CY-2012 Nicosia, Cyprus.

Skilling (Seychelles) Ltd, is authorized and regulated by the Financial Services Authority (FSA) under license No. SD042. The registered office of the Company is situated at Suite 4G, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.

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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.