3 years ago

TransFICC Secures £12.9 Million to Enhance its Electronic Trading API Platform

  • London-based fintech startup TransFICC has raised £12.9 million ($17 million) in a Series A extension round led by AlbionVC

  • Existing investors, including Citi, HSBC, and ING Ventures, also participated

  • The company offers an API that connects banks and asset managers to electronic trading venues for fixed income and derivatives

  • The new funding will support team expansion, product development, and the establishment of data centers in North America and Continental Europe.

      • ProblemTechnology

      "Connecting banks and asset managers with electronic trading venues through traditional methods is complex and inefficient."

      Solution

      "Provides a single API that simplifies connectivity to electronic trading venues for fixed income and derivatives, enabling banks and asset managers to automate trading workflows and improve efficiency."

      Covered on