05 June 2020

Cloud9 raises $17.5mn led by UBS

Written By FinTech Alliance in TradeTech

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 ...
04 November 2024

Finance apps are in ‘need of improvement’, says a quarter of Brits

A recent survey by UK mobile specialists Apadmi reveals that ...

04 November 2024

Barclays acquires Tesco Bank

Barclays Bank UK PLC has completed the acquisition of Tesco ...

04 November 2024

fundcraft Increases Series A to €11 Million Demonstrating Strong Product-Market Fit

fundcraft has increased its Series A funding to €11 million, ...

01 November 2024

Mollie and Hyvä announce strategic partnership, launching Hyvä Commerce

Mollie, a leading financial service provider, has partnered with Hyvä, ...

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