Monday, July 17, 2017

Jim Rogers invests in Tiger Brokers mobile app

Tiger Brokers allows Chinese investors to buy US stocks. With registered users exceeding 1 million, annual turnover on the Tiger Brokers platform reached US$17.6 billion at the end of 2016, up 30 times from the previous year.

The three-year old Chinese online brokerage has managed to attract the attention of Jim Rogers by becoming the first Chinese financial technology start-up the Jim Rogers has ever put money into.

Tiger Brokers said in March that it had raised 100 million yuan in a series B+ round led by China Growth Capital, but did not disclose how much Rogers agreed to invest.

Jim Rogers

Warren Buffett

Nouriel Roubini