Multi-asset digital trading Fintech ThinkMarkets has confirmed that it has finalized a $30 million round. The proceeds will be channeled towards supporting steady growth across existing and new business initiatives this year.
Nauman Anees, Co-Founder and CEO of ThinkMarkets, stated:
“Our exceptional growth in recent years has been underpinned by a significant increase in products available on our world leading multi asset trading platform. Our ambitions to continue to rapidly scale are entrenched in strong geographical expansion plans and significant new product developments to benefit our client’s trading and wealth management needs in an increasingly borderless investing world.”
“This funding package, supported by leading institutional investors, gives our business the liquidity to scale rapidly in line with our business growth objectives. I thank all the investors who participated and look forward to introducing ThinkMarkets to an increasing number of global trading and wealth management participants.”
A total of $30 million was contributed by Mars Growth, a Liquidity Group and MUFG venture fund. This facility was finalized with Liquidity Group’s AI-enhanced intelligence platform Liquidity Analytics and was introduced to ThinkMarkets by Singapore’s ARC Investments.
ThinkMarkets also completed a $10 million pre-IPO convertible equity investment, “supported by existing shareholder, Regal Funds Management.” This convertible equity investment was completed “directly by the company, with Chardan, a U.S. headquartered global investment bank, acting as lead financial advisor.”
Ron Daniel, Co-Founder & CEO, Liquidity Group, noted:
“It has been our pleasure to work with Nauman Anees and his great team at ThinkMarkets to provide them with the funding to continue rapidly scaling their fintech business.”
ThinkMarkets claims to be a premium, multi-asset, brokerage firm offering traders access to a range of markets including equities , forex, cryptocurrencies, commodities, indices, and futures.
Founded in 2010 with head offices in London and Melbourne. ThinkMarkets operates with financial licenses from ASIC in Australia, the FCA in the UK, and also offers compliant services in other jurisdictions.
ThinkMarkets provides an extensive range of trading tools and services to address the requirements of traders from novice to professionals, supported with their proprietary trading platform ThinkTrader.