The Guardian
trending topics

Social Network For Forex Traders Currensee Raises $6 Million

  • Comments Comments (View)
  • Text Size: A A

Currensee, a social network aimed at foreign exchange traders, has raised $6 million in a first round of funding from North Bridge Venture Partners. Currensee members link their brokerage accounts to their profiles, so that they can share trades and foreign exchange positions; trade data is also aggregated and shared throughout the social network. Currensee CEO Dave Lemont says in a release that the goal is to give individual forex traders “access to the type of collaboration and information” typically only available to institutional investors.

The site—which has been in invitation-only beta for the last eight months—opened to the public today. Xconomy reports that Currensee plans to make money by taking a commission when its members open new brokerage accounts—and potentially by charging for “premium information services.” Release.

Oct 20, 2009 12:10 PM ET

Currensee


Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Community

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Kindle (Paid) Kindle (Paid)
1. The Hunger Games
2. Catching Fire (The Second Book of…
3. Mockingjay (The Final Book of The…
4. Kill Shot (Mitch Rapp)
5. Against the Light
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff