TradAir, a provider of institutional trading solutions for FX and Digital Assets, has just completed an $11M Series D round, led by new investors GF Investments and the family office of Harvey Golub, former Chairman and CEO of American Express.
Over the last year, TradAir has delivered strong financial, product, and operational performance, including 45% revenue growth and the launch of several new products.
Ayal Jedeikin, CEO and Co-Founder of TradAir, commented:
Regional banks and brokerages across the world – and their clients – continue to pay inefficiently high trading costs because they do not have the in-house capabilities to build a full-suite of trading software or the budgets to work with legacy software vendors.
TradAir’s state-of-the-art platform enables these participants to capture more value from each trade, effectively putting them on a level playing field with bulge bracket banks’ FX and other non-centrally cleared trading desks. With this latest round of funding, we see a direct path toward global expansion.
TradAir has informed that it will soon expand its global business lines, such as its flagship FX platform, graphical user interface (GUI), repo platform, crypto platform, and FX Network. As a part of the Series D round, the new investors will have a seat on the TradAir Board of Directors.
The company has also earlier today announced its partnership with FX brokerage Alior Brokerage House.