Tech Company Financing Transactions
LoopFX Funding Round
On 6/25/2024, LoopFX raised $3.3 million in funding from Augmentum Fintech.
Transaction Overview
Company Name
Announced On
6/25/2024
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Undisclosed
Investors
Augmentum Fintech (Tim Levene)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
167-169 Great Portland Street 5th Floor
London, W1W 5PF
UK
London, W1W 5PF
UK
Phone
Undisclosed
Website
Email Address
Overview
LoopFX is a dark pool pioneering a new protocol in Foreign Exchange called PeerToBank matching. LoopFX allows Asset Managers and Banks to match large offsetting trades with zero information leakage at a mid-market rate. Asset Managers access LoopFX within their existing workflows through collaborations with market leading platforms like FX Connect. Banks are paid for liquidity matched in LoopFX, completely reversing the paradigm.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
John Sievwright
Chief Executive Officer
Blair Hawthorne
Chief Operating Officer
Timothy Johnson
Chief Technical Officer
John Vause
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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