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Ayondo Lands Additional $4 Million from Luminor Capital

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In a week when Moven and Braintreehave both announced international expansion efforts, Germany-based ayondo announced funding that helps deepen its international roots.

Ayondo, which specializes in a social trading technology that enables users to follow and copy the moves of top traders, brought in $4 million ($5 million Singapore Dollars) from Singapore-based Luminor Capital.

Prior to this newest round, ayondo has held four rounds of funding, all of undisclosed amounts.

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This new installment comes just a month after ayondo opened its Singapore offices, and six months after Luminor became a stakeholder in the company.

Ayondo demonstrated at FinovateEurope 2013.