European-based social trading network ayondo has secured 6 million CHF from its shareholders that will be used to expand its business, particularly in Asia.

Yesterday (28/4), financemagnates reported that European-based social trading network ayondo has secured 6 million CHF from its shareholders that will be used to expand its business, particularly in Asia.

social trading platform Ayondo

Established in Germany since 2009, ayondo is said to be the fastest growing social trading network in Europe now. As a combination of social trading technology with TradeHub trading platform from ayondo markets, it provides a social trading network which enable traders to trade many kinds of assets including forex pairs, stocks, indices, bond rates, and commodities. It is not yet as popular as its peers, but ayondo is known to have a select quality professional traders with abundant followers of each.

However, at this point in time, ayondo mainly based its market in Europe, particularly German. With the aforementioned additional funds secured, social trading network ayondo is now ready to expand its grounds to the East where there are plenty of opportunities not yet explored. As ayondo CEO, Robert Lempka, said to financemagnates, It's a privilege and an endorsement of the hard work of the entire ayondo team that our existing shareholders continue to support us in our ambitious expansion plans. We are growing at breathtaking pace, our product and project pipeline is packed and we will announce new products as well as several new international business partners in the very near future.