18 September 2019

JPMorgan, Societe Generale invest in Wematch

Written By FinTech Alliance

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 ...
03 May 2024

Welsh FinTech start-up secures £5mn export deal

Thanks to support from the Welsh Government. In brief:- The deal ...

03 May 2024

Danish FinTech Pleo bags €40mn

Debt financing from HSBC Innovation Banking. In brief:- Founded by Jeppe ...

03 May 2024

Q1 sees almost 500 FinTech deals

Worth Approximately $70bn. In brief:- There were nearly 500 fintech financing ...

02 May 2024

SafeBase secures $33mn in Series B

Revolutionising security reviews. In brief:SafeBase, a firm known for enabling friction-free security ...

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