6 years ago

Digital Debt Capital Markets Secures £2.5 Million Seed Funding

  • Digital Debt Capital Markets (DDCM), a London-based fintech company, has raised £2.5 million in seed funding

  • The investment was led by a group of individuals and family offices, including Michael Spencer, the founder of ICAP and a financial technology specialist

  • DDCM is developing software to provide end-to-end digital support for the entire life cycle of a bond

  • This technology aims to enhance communication and processes for issuers, arrangers, and service providers in the international bond markets

  • The funds will be used to develop DDCM's technology and expand its team.

    • ProblemFinancial Services

      "The bond market is inefficient and outdated, with complex processes and communication bottlenecks that slow down transactions and increase costs."

      Solution

      "DDCM is developing software to automate and streamline the entire bond lifecycle, from issuance to repayment, making it faster, cheaper, and more efficient for all stakeholders."

      Covered on