While domestic stock market is still characterized by extreme volatility, an increasing number of Chinese investors flock to overseas capital markets in seek of more opportunities. As one of the startups that want to capitalize on this trend, Tiger Broker offers online stock brokerage services to global Chinese retail and institutional investors.

The startup announced today that Interactive Brokers Group, a top US electronic broker, has agreed to make a strategic investment in the company. CreditEase Fintech Investment Fund, a global venture fund investing in growth-stage fintech companies, is also participating.

The company did not specify the size and detailed terms of this deal. “For Tiger Brokers, there is much to learn from Interactive Brokers in regulation compliance, tax and globalization,” says company founder Wu Tianhua. This may point to the field that the two companies would cooperate in.

Founded in 2014 by Wu Tianhua, Tiger Brokers provides real-time market quotes, streaming news feeds, stock investment tutorials and online stock trading services through an APP named “Tiger Trade”. Users are able to enjoy “trade on the go” experience to trade on US stock markets, Hong Kong Exchanges and China’s A-shares (Shanghai-Hong Kong Stock Connect, Shenzhen-Hong Kong Stock Connect).

Tiger Trade is now available in over 200 countries and regions around the world, claiming nearly 1 million users around the world. Last year, the annual turnover of Tiger Trade surged 30 times year-on-year to RMB 120 billion ($18 million) and the number is expected to rise 3.5 to 4 times in 2017.

The company has received a series of fundraising from more than 20 strategic investors, including Wall Street investment guru Jim Rogers, Xiaomi, ZhenFund and China Growth Capital.