Tech Company Financing Transactions
RQD Clearing Funding Round
RQD Clearing, operating out of New York, secured $10 million from ABN AMRO and Nyca Partners.
Transaction Overview
Company Name
Announced On
10/3/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
ABN AMRO (Lead Investor)
Nyca Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its service offering, global reach, and onboard larger clients.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1 World Trade Center, Suite 47m
New York, NY 10007
USA
New York, NY 10007
USA
Phone
Website
Email Address
Overview
While we're a recent entrant to the clearing space, RQD was spun out of an established market maker with roots in the options markets. That heritage means we have a deep understanding of risk and technology. It also means we are acutely aware of the challenges that broker-dealers face, which is ultimately what led us to solve them with the launch of RQD -- an entity solely dedicated to providing next-generation clearing, custody and execution services built for the modern U.S. markets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Sanocki
Chief Operating Officer
Nicolas Louis
Chief Technical Officer
Jon Fowler
Browse more venture capital transactions:
Prev: 10/3/2023: Holmusk venture capital transaction
Next: 10/3/2023: Previsico venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs