Tradeteq clinches $12.5m in funding ahead of US entry


Tradeteq, the technology provider for securitisation-as-a-service and bank asset distribution, has bagged $12.5m in a funding raise.

The funding was spearheaded by the renowned US-based MS&AD Ventures, and saw noteworthy contributions from venture capital stalwart Interlock Partners. Joining Interlock in its investment was Victor Ganzi, known for previous high-ranking roles including CEO of The Hearst Corporation and Chairman of Willis Towers Watson.

Victor Ganzi’s involvement will extend beyond just financial backing; he is set to join Tradeteq as an advisor.

Established in 2016 by former top-tier Wall Street investment bankers, Tradeteq’s core objective is to bridge the gap between trade finance and private credit originators and institutional investors. This aims to offset the current global lending deficit. The platform Tradeteq offers enables banks to turn their trade finance assets into securities that can be effortlessly sold to investors.

Recently, this platform widened its services to cover private credit, offering an avenue for major banks and alternate lenders to conveniently connect with larger institutional investors.

Tradeteq’s distinctive approach of automating workflow and offering securitisation-as-a-service turns private credit into easily tradable assets. This transformation paired with real-time operations and consistent repackaging of assets not only trims down costs but also amplifies investment returns. A testament to their success is the over $2.75bn worth of notes issued through Tradeteq to date.

Adding to the firm’s governance and reinforcing its dedication to the financial sector, Jon Soberg from MS&AD Ventures and Harry Hawks from Interlock are slated to join the board as observers.

Reflecting on the recent investment, Tradeteq CEO Christoph Gugelmann said, “We are delighted to have the backing of our new partners. The strategic alliance with MS&AD Ventures and Interlock Partners will be vital as we lay the groundwork for our US operations. In particular, we are extremely pleased to gain the insights and expertise of Victor Ganzi. We were gratified with the participation and continued support of existing investors LGGP and Niya Partners to complete the funding round.”

Sharing his enthusiasm, Jon Soberg from MS&AD Ventures commented, “Tradeteq is an incredibly exciting business with significant potential to grow and scale. We believe in Tradeteq’s vision and mission and look forward to collaborating closely as they expand into the US market and beyond.”

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