back Back

Tradefeedr secures $3 mn in early-stage financing from IPGL

By Megha Bhattacharya

December 21, 2020

  • London
  • Tradefeedr
Share

London-based Tradefeedr today announced that it has raised $3 million in early-stage financing from IPGL, the private investment company owned by Lord Michael Spencer. The company was established in 2018 by Balraj Bassi and Alexei Jiltsov, who had previously worked together at Lehman Brothers and launched Blacktree, a macro systematic hedge fund.

Bassi and Jiltsov said, “We are excited by the support we have received from IPGL and that someone of Seth’s calibre has agreed to become our Chairman. We believe that our platform will deliver significant benefits to market participants, through improving collaboration and giving better access to trading information, which will lead to enhanced decision making. There is a huge demand for greater transparency in financial markets and Tradefeedr can help meet that demand.”

The company allows clients to query and analyse their FX trading data from participating liquidity providers and ECNs via a standardised API, enabling them to improve the quality of their trade execution.

Seth Johnson has been appointed as Tradefeedr’s Chairman said, “I am delighted to become chairman of Tradefeedr and have the opportunity to back the business. Tradefeedr is precisely the type of company we used to look to invest in when I was at NEX – one with great technology, a great product and great growth potential, as well as talented and expert founders. I am looking forward to working with Balraj and Alexei to help them deliver on the company’s potential.”

Previous Article

December 21, 2020

FinnOne Neo 5.5 launched by Nucleus Software for ‘BNPL’ capabilities

Read More
Next Article

December 21, 2020

Gojek invests in Bank Jago to accelerate financial inclusion in Indonesia

Read More








IBSi Daily News Analysis

March 22, 2024

London

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 26, 2024

LHV Bank launches personal savings product on Hargreaves Lansdown

Read More

March 20, 2024

Smart money app Plum launches Cash ISA with 5.15% AER

Read More

March 15, 2024

Cheddar re-launches loyalty app with instant consumer savings in the UK

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023