PitchBook

FastMatch Company Profile

FastMatch, founded in 2012 and headquartered in New York City, developed a foreign exchange trading electronic communication network platform serving sell-side and buy-side clients like retail brokers, institutions, and hedge funds by providing access to diversified liquidity with speed and transparency, was formerly VC-backed, acquired by Euronext, and competed with firms such as Stratos Markets and Exinity in the brokerage and financial software industries.

Overview

FastMatch is a developer of a foreign exchange trading electronic communication network platform. The company operates a trading platform that serves both the sell-side and buy-side market segments, enabling customers such as retail brokers, institutions, banks, hedge funds, and proprietary trading firms to access large pools of diversified liquidity with speed and transparency.

  • Year Founded: 2012
  • Status: Acquired/Merged
  • Employees: 11 (as of 2015)
  • Primary Industry: Brokerage
  • Other Industries: Financial Software
  • Headquarters: 180 Maiden Lane, New York, NY 10038, United States
  • Ownership Status: Acquired/Merged
  • Financing Status: Formerly VC-backed
  • Acquirer: Euronext
  • Verticals: TMT, FinTech

Valuation & Funding

  • Deal Types:
    • Secondary Transaction - Private (14-Aug-2018, Completed, Generating Revenue)
    • Merger/Acquisition (23-May-2017, Completed, Generating Revenue)
    • Secondary Transaction - Private (25-Jan-2015, Cancelled, Generating Revenue)
    • Early Stage VC (Completed, Generating Revenue)
    • Corporate (12-Apr-2012, Completed, Generating Revenue)

Comparisons

FastMatch is compared with other companies in the brokerage and financial software industries, with competitors based in locations such as London, United Kingdom, and Limassol, Cyprus.

Competitors

Some of FastMatch’s competitors include:

  • Stratos Markets (Private Equity-Backed, London, United Kingdom)
  • Exinity (Corporation, Limassol, Cyprus)
  • Belvedere Trading (Corporation, Chicago, IL)
  • Wintermute (Venture Capital-Backed, Altrincham, United Kingdom)
  • IC Markets (Corporation, Sydney, Australia)

Former Investors

  • Credit Suisse (Investment Bank, Minority Holding)
  • NEXT Investors (Growth/Expansion, Minority Holding)
  • Stratos Markets (Corporation, Minority Holding)

FAQs

When was FastMatch founded?

FastMatch was founded in 2012.

Where is FastMatch headquartered?

FastMatch is headquartered in New York, NY.

What is the size of FastMatch?

FastMatch has 11 total employees.

What industry is FastMatch in?

FastMatch’s primary industry is Brokerage.

Is FastMatch a private or public company?

FastMatch is a private company.

Who are FastMatch’s investors?

Credit Suisse, NEXT Investors, and Stratos Markets have invested in FastMatch.

Who are FastMatch’s competitors?

Stratos Markets, Exinity, Belvedere Trading, Wintermute, and IC Markets are some of the 23 competitors of FastMatch.

When was FastMatch acquired?

FastMatch was acquired on 14-Aug-2018.

Who acquired FastMatch?

FastMatch was acquired by Euronext.