The company Spiking was founded in 2016 by serial entrepreneur and investment expert Clemen Chiang, who remains the organization’s CEO. The Spiking stock trading app is designed to help retail investors make better investment decisions based on valuable market information that they wouldn’t otherwise have access to. The app has also found favour with senior executives of public companies and remisiers.
How Spiking Works
Spiking has built a database that contains the details of over 11,000 company directors and substantial shareholders in Singapore, including the founder of Banyan Tree and the CEO of the DBS Group.
Spiking users can follow these sophisticated investors and track updated disclosures of stock holdings and transactions. The app uses machine-reading algorithms that verify publicly available stock exchange filings against reliable sources, such as Bloomberg, to scan for anomalies.
For Clemen Chiang, the purpose of the Spiking app is to provide ordinary retail investors with a way to understand spikes in stock prices. Armed with information regarding the trading activities of the ‘big boys’ will, Clemen believes, help people to invest better.
An Award-Winning App
Spiking was awarded the Feefo Gold Trusted Service Award in both 2021 and 2022, the only stock market app to ever be recognized with this accolade. The company was also the recipient of the Two Comma Club award in 2020 and 2021: an award that is only bestowed on organizations that have achieved $1 million in online sales. In its early days, Spiking won a Gold award in the Best Innovative Start-Up (Early Stage) category at the Singapore Infocomm Technology Federation’s annual event.
Spiking is officially supported by the Interactive and Digital Media Strategic Research Program of Singapore.
The Founder
Clemen Chiang is a FinTech expert, an experienced wealth coach and a Certified Bitcoin Professional, and he holds advisory and directorship positions at several public companies. This successful entrepreneur is also the author of the book Spiking to the Moon: A Beginner’s Guide to Understanding Whales in the Cryptocurrency Market.
The Spiking app itself has been received positively by its users, with reviewers citing its user-friendly and affordable nature and stating that it offers a positive overall trading experience.
Take a look at the embedded PDF for more information about Spiking and its CEO and founder, Clemen Chiang.