Convergence Partners writes 42Markets $10 million cheque to expand its fintech portfolio

by Digital Brainiacs
0 comment 1 minutes read

Financial and capital markets fintech investment group 42Markets has received $10 million in growth funding from Convergence Partners to advance the growth and development of its portfolio companies.

42Markets describes itself as an incubator of specialised fintech businesses with deep expertise in financial and capital markets.

Focusing on financially sustainable and transformational businesses, the group claims that it “builds exponential shareholder value by identifying scalable business opportunities in specialist financial and capital markets categories and then using the group’s global reach and industry credibility to take these propositions to market.”

42Markets’s portfolio includes Mesh, a trading platform, Andile, a financial and capital markets advisory platform, as well as South African-based FX Flow which is a foreign currency risk management system that gives you a real-time view of your foreign currency exposure and hedges.

“We have built an…

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