Tradeteq, a London, UK-based technology provider of a SaaS securitization and bank asset distribution platform, raised $12.5 million in Series A Plus funding.
The round was led by MS&AD Ventures, with participation from fellow venture capital firm Interlock Partners.
MS&AD Ventures, founded in 2018, is a corporate venture arm of MS&AD Insurance Group Holdings based in Menlo Park, California. The firm seeks to invest in seed-stage, early-stage, and later-stage companies operating in information technology, artificial intelligence, big data, cybersecurity, fintech, insurance technology, SaaS, life and health, infrastructure, transportation, and mobility sectors across Japan.
Tradeteq Use of Funds
The company intends to use the funds to expand operations via new partnerships.
Led by CEO Christoph Gugelmann, Tradeteq provides a SaaS platform for banks to securitize and distribute their trade finance assets to investors. Tradeteq’s trading venue allows banks and financial institutions to connect, interact, and transact. Its AI-driven credit scoring, advanced analytics, and investment management engine provide risk transparency and informed decisions.
Earlier this year, the company extended its solution to cover private credit, making it easier for banks and alternative lenders to connect, interact, and transact with investors, such as pension funds and insurance companies.
Company: Tradeteq Limited
Round: Series A+
Funding Month: September 2023
Lead Investors: MS&AD Ventures
Additional Investors: Interlock Partners
Company Website: https://www.tradeteq.com/
Software Category: SaaS Securitization and Bank Asset Distribution Platform