JPMorgan, Societe Generale invest in Wematch

September 18, 2019 | TradeTech
Written by FinTech Alliance

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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.

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