05 June 2020

Cloud9 raises $17.5mn led by UBS

Written By FinTech Alliance

Cloud9 raises $17.5mn led by UBS

Clloud9 has raised $17.5 in a Series B funding round led by UBS.

In Brief:

  • The round also included existing investors JP Morgan and Barclays.

  • Cloud9 supplies voice trading software.

  • It offers a compliant, cloud-based system to provide access to a ‘virtual trading floor’.


What does this mean?

The funding round comes as Cloud9 reports significant growth. It has seen new business increase by over 50% since March and says it has onboarded “several” banks and investment firms.

Read more here.
 

Up Next ...
28 March 2024

EToro adds 12 tokens to crypto lineup

EToro, the trading and investing platform, announced today that it ...

28 March 2024

Robinhood launches credit card

Robinhood continues to expand beyond its stock trading origins.In brief:- ...

28 March 2024

Sandbox Banking partner Plaid

Sandbox Banking and Plaid partner to strengthen identity verification and ...

27 March 2024

Targeting $180M in Revenue, Vault Aims to Lead the $50B Digital Crypto Banking Market

Written By: Vault

Vault's approach of providing personalized, effective, and affordable white label solutions for digital and crypto banking has captured the interest of a diverse range of...

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:...

ING partners with Tradeteq

18 February 2020

Global bank ING Group has partnered with Tradeteq for commodity trade finance. In Brief:...

There are no Knowledge Bank in this category

There are no Events in this category