18 September 2019

JPMorgan, Societe Generale invest in Wematch

Written By FinTech Alliance in TradeTech

JPMorgan, Societe Generale invest in Wematch

Trading FinTech Wematch has announced new funding from big banks.

In Brief:

  • Wematch has 40 banks and around 750 traders on its platform.

  • It helps traders and banks match, negotiate and manage trades.

  • The FinTech came out of a program by JP Morgan and an incubator by Societe Generale.

What does this mean?

The firm aims to transform trading which is traditionally still done over the phone – the new investment will help roll its service out across markets.

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in TradeTech

Global Shares sold by Motive Partners to JPMorgan

16 March 2022

Clonakilty, Ireland based Global Shares has been sold by Motive ...

MarketFinance lent $342mn to UK businesses this year  

22 December 2020

UK FinTech lender MarketFinance lent more than $342mn to UK businesses up to November this...

Robinhood raises $320mn

14 July 2020

Trading FinTech Robinhood has raised $320mn in new funding, it announced on Monday. In Brief:...

Cloud9 raises $17.5mn led by UBS

05 June 2020

Clloud9 has raised $17.5 in a Series B funding round led by UBS. In Brief: The round a...

There are no Knowledge Bank in this category

There are no Events in this category