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Institutional Investment & Trading

Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company’s platform is designed to match private companies...

Digital Asset bolsters senior team to set stage for next level of growth

FinTech startup Digital Asset, which uses blockchain technology to make trading more efficient and less costly, has announced several additions to its senior management.

Riskalyze launches new risk alignment service for retirement plans

Riskalyze, which runs a digital risk alignment platform for financial advisors, has announced pension scheme sponsors and participants will now be able to use its service.

Soros, Thiel-backed Trumid raises $10m for corporate bond trading

All-to-all electronic credit trading platform Trumid Financial, has reeled in $10m in a new venture funding round, led by Delphi Financial Group.

Trooly gets $10m to bridge ‘trust gap’ in P2P marketplaces

Fintech startup Trooly has raised $10m in a Series A funding round led by Bain Capital Ventures and Milliways Ventures to launch its new Instant Trust product.

truePTS hires former ICE technology head as CEO

Derivatives processing business truePTS, a spinout of digital trading platform operator trueEX, has appointed Zohar Hod as its CEO. Hod is joining the company from Intercontinental Exchange...

TrueEX swipes $9.21m for global IRS trading

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.

PFITR scoops up $200,000 to improve government investing

PFITR (Public Funds Investment & Reporting), a SaaS company aiming to help institutional investors managing tax dollars better oversee their portfolios, has taken on $200,000 in a convertible note offering.

Investment advisory platform Vestmark grabs $30m to scale up

Cloud-based wealth management and investment advisory platform Vestmark has raised $30m from private equity firm Summit Partners to bolster its future growth.

West African Derivatives Exchange raises £13.5m to launch operations

Fledgling fintech company West African Derivatives Exchange has raised nearly £13.5m ($17.8m) in equity since it launched in December.

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