# Fomo social finance platform growth

> Developing situation record from CLSTR: https://clstr.news/situations/fomo-social-finance-platform-growth
> Updated: 2026-11-05T03:12:27.000Z. Sources: 2. Developments: 2.

The financial social network Fomo has experienced significant growth in its user base and trading activity. In October 2026, the platform reported reaching 2.7 million international users with a daily trading volume of approximately $200 million, bringing its cumulative volume to between $14 billion and $15 billion.

By November 2026, FOMO Labs Inc. reported exceeding $4 billion in trading volume and 625,000 users, noting more than 110 million unique social interactions since launch. The company secured $75 million in Series B funding led by Index Ventures, with additional support from Union Square Ventures. While the platform maintains high app store ratings, some online discussions have raised questions regarding user experience.

## Timeline

### 2026-11-05: FOMO Labs Inc. expands social finance network following $4 billion trading milestone

FOMO Labs Inc. is expanding its social finance platform after reaching $4 billion in trading volume and securing $75 million in Series B funding led by Index Ventures.

2 sources. https://clstr.news/cluster/fomo-labs-inc-expands-social-finance-network-following-4-billion-trading-milestone

### 2026-10-17: Fomo reaches 2.7 million users with $200 million daily trading volume

Fomo has reached 2.7 million international users and $200 million in daily trading volume, aiming to build a social finance network connecting digital assets, stocks, and commodities.

2 sources. https://clstr.news/cluster/fomo-reaches-27-million-users-with-200-million-daily-trading-volume

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Cite as: Fomo social finance platform growth. CLSTR, https://clstr.news/situations/fomo-social-finance-platform-growth