Institutional Investment & Trading

Ethic, a tech-driven asset management platform, has closed its Series B round on $29m to support its continued expansion.

New York-based TrueEX, an electronic execution platform for the global interest rate swaps (IRS) market, has sealed $9.21m in venture financing to support its future growth.

Brazilian neobank Nomad has secured $61m in its Series B funding round, to bring in the largest investment for a LatAm financial startup this year.

Cerchia, which is on a mission to enable direct risk transfer between investors and reinsurers, has secured CHF 1.3m ($1.4m).

Platforms have evolved significantly over the years. Earlier, their main function was limited to the administration of assets. This encompassed the realm of custody, execution, and reporting. However, the definition of a 'progressive' platform today has transformed. Let’s delve deeper into the distinctive features of such platforms:

Accelex, a SaaS platform redefining alternative investment data management, has raised $5m in funding.

MerQube, described as a trailblazer in technology for the future of index-linked investing, has officially confirmed a significant fundraising achievement.

German venture capital investor Target Global has held a €100m first close of its latest vehicle.

Swiss wealth management company Criptonite Asset Management entered into a partnership with SEC-regulated digital asset investment manager Wave Financial to address the increasing demand from European investors on crypto-related products.

Investing social platform Commonstock has secured $25m from a Series A funding round led by Coatue.