ATFX, a leading global FinTech broker, has announced a strategic investment in Spark Systems, a Singapore-based, institutional-grade electronic foreign exchange (eFX) trading platform.
This investment, part of a Series C funding round, includes other significant investors such as Citibank and HSBC, and is aimed at enhancing ATFX’s institutional services across Asia and globally.
The investment sees ATFX joining forces with top venture capital companies and global banks to inject capital into Spark Systems.
Spark Systems specializes in offering advanced eFX trading solutions. With a focus on the Asian market, the company provides clients with robust trading platforms that promise greater market accessibility and enhanced trading capabilities.
Group Chairman at ATFX, Joe Li, remarked, “Investing in Spark Systems aligns with our strategic vision to enhance our institutional offerings and drive innovation in the eFX space.
“We believe that this will benefit both organisations and provide our clients with improved trading solutions, especially in the Asian region.”
Founder & CEO of Spark Systems, Joo Seng Wong, also shared his enthusiasm about the collaboration: “This collaboration with ATFX represents a significant step forward in our mission to deliver exceptional trading solutions. Together, we will empower ATFX clients with enhanced access to liquidity and offer advanced trading capabilities.”
Keep up with all the latest FinTech news here
Copyright © 2024 FinTech Global
