Tinga

What Tinga does

Tinga, operating commercially as TingaTrade International, is a Norway-based (Haugesund) online retail trading platform founded in 2019 by co-founders Nicholas Hoddevik (CEO) and Brieuc Triboullet (CTO). The platform offers fixed-risk, short-duration options contracts — including a proprietary Turbo Expiration product with 10-second expiry — across more than 100 assets spanning currencies, cryptocurrencies, and stocks. Distribution is fully self-serve via web terminal, mobile app, and desktop app, with multi-currency account support (USD, EUR, JPY, GBP, AUD, NZD) and onboarding completed in roughly 10 seconds under a "compliance-first" posture featuring KYC verification and 20+ verified payment methods.

The company monetizes through the spread between stated trade payouts (up to 1.95x for VIP) and 100%, i.e., a house-edge transaction-fee model on every contract. Three account tiers — Standard ($10 minimum), Gold ($500), and VIP ($1,000) — drive an upsell motion with progressive payout rates, withdrawal speeds (3 days to instant), cashback, personal account managers, and risk-free trades. A tournament layer (Weekend Battle $50,000 prize pool, VIP Monthly $100,000, Daily Sprint $2,000) is layered on top as a viral engagement mechanism. Total disclosed funding is $110,000 from Antler (December 2019); a subsequent 2022 Farvatn Venture event is recorded at $0, suggesting a SAFE/convertible placeholder rather than a completed priced round. Headcount stands at 1-10, no revenue has been disclosed, and the company is privately held with no disclosed regulator or incorporation jurisdiction.

Name

Tinga

Legal name

TingaTrade International

Website

https://tinga.no

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

TingaTrade is a Norway-based retail binary options platform offering fixed-risk, short-duration trades across currencies, crypto, and stocks via web, mobile, and desktop, monetized through house-edge spreads and tiered account subscriptions.

Ownership category

akta.pro rank

Product category

Online Options Trading Platform

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Commodity Contracts Intermediation (52316), Commodity Contracts Intermediation (523160)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Options (Vanilla) — Venues, Market Makers & Protocols (FSADAGAC)

akta.pro secondary industries

Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD), Derivatives Trading Venues (perps, futures, options) (FSAPADAE)

Keywords

• Binary options trading
• Online trading platform
• Retail trading software
• Turbo options trading
• Fixed risk contracts

Headquarters

HQ city

Haugesund

HQ country

Norway

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Binary Options Trading Spread: Platform generates revenue from the spread between stated payout percentages and 100%. For example, 85% payout means the house retains 15% on winning trades. Higher-tier accounts offer up to 1.95x payout, with the platform capturing the difference.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels1 record

Core offering

Tinga (operating as TingaTrade) operates an online binary options trading platform that enables retail traders to trade 100+ assets across currencies, cryptocurrencies, and stocks via fixed-risk contracts. The platform delivers a tiered account system (Standard, Gold, VIP), short-duration turbo expirations as fast as 10 seconds, payouts up to 1.95x, and competitive trading tournaments with cash prize pools. Access is provided through web, mobile, and desktop applications with end-to-end encrypted payment processing.

Product overview

TingaTrade is an online options trading platform offering a unified ecosystem with multiple access points: Web Terminal, Mobile App, and Desktop App for trading. The core platform enables fixed-risk trading across 100+ assets (currencies, crypto, stocks) with payouts ranging from 1.8x to 1.95x depending on account tier. The Turbo Platform provides rapid 10-second expiration trades. Users select from three account tiers (Standard, Gold, VIP) with escalating benefits including payout rates, withdrawal speeds, and perks like personal managers and risk-free trades. Tournaments feature adds competitive elements with prize pools up to $100,000.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Payout rates up to 1.95x (VIP tier)
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• eToro: Global retail trading platform offering multi-asset access (stocks, crypto, FX, CFDs) with social and copy-trading features — comparable retail audience and multi-platform delivery, though eToro does not focus on short-duration binary options.
• Binance: Largest global crypto exchange with derivatives products (futures, options, perps) on crypto assets — partial overlap with TingaTrade's crypto-asset options offering, but operating at vastly larger scale and broader product set.
• IG Group: Established multi-asset broker offering CFDs, options, and FX to retail and professional clients globally — broad incumbent in the same retail trading category, with deeper regulatory footprint but less specialization in binary-style fixed-risk contracts.

Direct peers

• Quotex: Direct binary options broker offering short-duration fixed-risk trades on FX, crypto, and other assets via a web/mobile terminal — same core product as TingaTrade, including similar tiered payout structures.
• Pocket Option: Binary options broker with a self-serve platform, multi-asset coverage, tournament features, and tiered accounts — directly comparable in product, target customer (retail traders), and gamified engagement model.
• Deriv: Multi-asset online trading platform offering binary options, CFDs, and multipliers via web, mobile, and desktop apps — broader product portfolio but directly overlapping in the binary options vertical.
• IQ Option: One of the largest retail binary options and CFD brokers globally with tiered accounts, mobile/web/desktop apps, and tournament-style promotions — same product category and global retail audience as TingaTrade.
• ExpertOption: Binary options broker with a focus on short-duration trades, social/trading tournament features, and tiered VIP accounts — comparable to TingaTrade across product, audience, and gamified engagement layer.
• Olymp Trade: Retail fixed-time trade (binary options) platform with multi-asset coverage, account tiers, and mobile/web access — directly competes with TingaTrade in the same customer segment and product format.
• Binomo: Binary options trading platform targeting retail traders with fixed-payout contracts and a tiered account structure — closely mirrors TingaTrade's product, customer base, and engagement mechanics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/trytinga

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tinga