London-based Tradefeedr operates as a trusted intermediary, which facilitates the exchange of trading information between market players for improved decision making. Now, this company established in 2018 by Balraj Bassi and Alexei Jiltsov has announced that it has raised $3M (nearly €2.5M) early-stage funding.
Investment led by IPGL
The majority of the new funds come from IPGL, the private investment company owned by Lord Michael Spencer, the founder of global markets company, ICAP plc and subsequently financial technology business, NEX plc. IPGL is a leading fintech investor with a focus on new applications for the wholesale market.