TransFICC secures $25M Series B funding to advance its electronic trading technology and broaden market connectivity.
TransFICC secures $25M Series B funding to further develop its electronic trading technology and expand connectivity solutions.
Citadel Securities served as the main investor to secure $50 million in total funding for TransFICC.
The funding round also includes Commerzbank’s ventures arm neosfer together with BlackFin Tech and HSBC and Illuminate Financial and ING and AlbionVC.
As a market leader TransFICC offers fast connectivity services designed to serve the growing needs of fixed income and derivatives trading sectors for durable and expandable electronic trading connections.
The recently obtained capital will help the company boost its technological products while increasing its financial markets presence worldwide.
TransFICC receives investments demonstrating enhanced market confidence about its operational streamlining capabilities as the financial sector requires upgraded trading technology solutions.
