Provable Markets Raises Series B
Provable Markets raises a Series B round led by Charles Schwab to expand its securities finance platform and scale its engineering team.
Provable Markets Raises Series B
Provable Markets, a New York-based financial technology company that operates the Aurora Alternative Trading System for securities finance, has announced the completion of its Series B funding round. The company, which specializes in modernizing securities finance infrastructure through end-to-end pre-trade, execution, and post-trade solutions, secured the capital to scale its operations and expand its product and geographical reach.
Investors
The funding round was led by Charles Schwab, with participation from the Depository Trust and Clearing Corporation (DTCC), as well as existing investors Dialectic Capital Management and Inkef.
Provable Markets Use of Funds
Provable Markets plans to use the proceeds from this Series B round to support team growth across its commercial, product, and engineering divisions. The capital will also be used to enhance core market infrastructure connectivity and drive further product and geographical expansion.
About Provable Markets
Founded in New York, Provable Markets is a FINRA member broker-dealer and operator of Aurora, a cloud-native alternative trading system regulated by the U.S. Securities and Exchange Commission. The company aims to rebuild market structure by providing front-to-back solutions for cleared and uncleared securities financing transactions to improve operational efficiency and risk mitigation.
Funding Details
Company Website: https://provablemarkets.com
Company: Provable Markets
Round: Series B
Funding Date: July 29, 2026
Lead Investor: Charles Schwab
Additional Investors: DTCC, Dialectic Capital Management, Inkef
Company Website: https://provablemarkets.com
Software Category: Financial Technology
Source: https://www.aol.com/articles/provable-markets-raises-series-b-120000000.html