Zurich-based Instimatch Global AG offers a web-based cash management trading platform for institutions across industries and geographies. The company has experienced tremendous growth in the current year and now closed it Pre-Series A round successfully.
Instimatch Global AG plans to utilize the newly raised capital to further expand market reach, accelerate product development, and launch new products to strengthen its position as a leader in the digital trading platform space. The financing round was led by existing shareholders, current management team members, business partners and new institutional and private investors.
“This strong show of support from both existing and new investors underscores the confidence in our vision and future success and secures us enough time to prepare our Series A in 2024.” said Adrian Edelmann, CEO of the company.
Instimatch Global AG has achieved significant milestones in 2023 such as reaching 63 % customer growth, successful market entrance in four new countries, and the go-live of a repo trading platform, its latest self-developed product.
“The funding round will bring the international reach of Instimatch Global to the next level – built on its scalable platform that can be tailored to local needs and run by a highly dedicated team of professionals.”, said Peter Guntlin, a board member of the company.
Founded in 2017 and based in Zurich, Instimatch Global AG offers a digital trading platform enabling institutions across industries and geographies to directly engage with each other and digitally execute all their liquidity needs as well as allowing them to leverage their trading network. The platform covers various asset classes, including unsecured cash deposits, repos, money market funds, forex and digital promissory notes.
(Press release / SK)
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