5 years ago
Arraco Secures £3.75 Million to Fuel Global Expansion
Arraco Global Markets, an interdealer broker for global commodities, has raised £3.75m in funding from UK-based YFM Equity Partners
The company plans to use the funds to expand its UK presence, hire new staff, invest in its team, broaden its product offering, and open new offices in Singapore and Houston
Arraco was founded in 2015 by CEO Tom Roberts and has grown to a £4m revenue business, doubling revenue each year.
ProblemFinancial Services
"Arraco aims to expand its global commodities brokerage services by increasing its market presence and product offerings."
Solution
"Arraco plans to use the raised funds to open new international offices, hire more staff, invest in its team, and expand its product range to enhance its 24-hour market coverage."