Instimatch Secures CHF 11.5 Million Pre-Series A Financingby Fintechnews Switzerland September 20, 2023
Instimatch Global AG announced the successful raise of the Pre-Series A round in the amount of CHF 11.5 million. The financing round was led by existing shareholders, current management team members, business partners and new institutional and private investors.
Instimatch 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 plaOorm space.
“This strong show of support from both existing and new investors underscores the confidence in our vision and future success and secures us enough 4me to prepare our Series A in 2024.”
said Adrian Edelmann, CEO of the company.
Instimatch Global AG has experienced tremendous growth in the current year, achieving significant milestones 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 Ins4match 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.
Featured image credit: Adrian Edelmann, CEO of Instimatch AG and Hugh Macmillen, Chairman and Founder of Instimatch AG