OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone, from individuals to large corporations, from portfolio managers to financial institutions. OANDA is a market maker and a trusted source for currency data. It has access to one of the world’s largest historical, high frequency, filtered currency databases.
OANDA was founded on the belief that technology and the Internet would globalize the marketplace, creating an unprecedented need for currency-related products and services. Today, the global forex market trades over $2 trillion/day (30 times larger than NASDAQ and NYSE combined), with online retail trading a rapidly growing part of that market. We estimate that over 20% of the world’s online spot forex transactions take place on OANDA’s servers.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 09/01/05 | Series A | 17M | Index Ventures | Unknown |
| 09/01/07 | Series B | 100M | New Enterprise Associates, Legg Mason, Cascade Investment, T Rowe Price, Index Ventures | Unknown |