Israeli fintech co TipRanks raises $77m
TipRanks provides a simplified stock research platform that makes alternative datasets accessible and visual for retail investors.
Israeli based fintech company TipRanks announced today the completion of a $77 million financing round led by Prytek and More Investment House.
Founded in 2012 by CEO Uri Gruenbaum and Gilad Gat, TipRanks provides a simplified stock research platform that makes alternative datasets accessible and visual for retail investors.
TipRanks currently has 60 employees located mostly in Tel Aviv. With the new investment the company plans doubling its work force and opening offices in New York.
In 2013 TipRanks launched its Financial Accountability Engine to bring transparency to online investment advice for the first time. Using Natural Language Processing it tracks and measures the performance of over 7,000 professional analysts and enables investors to see their track record and evaluate their advice. The service has
TipRanks Identifies the Top 10 UK Analysts of 2020
LONDON, Jan. 27, 2021 /PRNewswire/ TipRanks, the world s leading analyst ranking service, has identified the top ten best performing analysts in the UK stock market in 2020.
The ranking was based on the analysts ability to generate returns with their stock ratings and price targets. TipRanks algorithms calculated the average return and statistical significance of each rating, as well as the analysts overall success rate. Each rating made during 2020 was measured over three months.
TipRanks launched in the UK at the end of 2020 and this is the first time that it has announced the best UK analysts of the year.
TipRanks Identifies the Top 10 Canadian Analysts of 2020
TORONTO, Jan. 27, 2021 /PRNewswire/ TipRanks, the world s leading analyst ranking service, has identified the top ten best performing analysts in the Canadian stock market in 2020.
The ranking was based on the analysts ability to generate returns with their stock ratings and price targets. TipRanks algorithms calculated the average return and statistical significance of each rating, as well as the analysts overall success rate. Each rating made during 2020 was measured over three months.
This is the first time that TipRanks has announced the best Canadian analysts of the year. It added Canadian market coverage to its service in 2018.
TipRanks Identifies the Top 10 Wall Street Analysts of 2020
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NEW YORK, Jan. 27, 2021 /PRNewswire/ TipRanks, the world s leading analyst ranking service, has identified the Top 10 Wall Street analysts of 2020.
The ranking was based on the analysts ability to generate returns with their stock ratings and price targets. TipRanks algorithms calculated the average return and statistical significance of each rating, as well as the analysts overall success rate. Each rating made during 2020 was measured over three months.
Analysts covering the technology sector dominated again, with seven out of the ten specializing in that sector. Unlike 2019, no analysts covering healthcare made the list. The other sectors represented are services, financial, and basic materials.