Augmentum Capital LLP has announced a £2.6 million investment in LoopFX, a new independent venue for large spot foreign exchange (FX) trades. LoopFX aims to enhance trading efficiencies and improve price discovery within the FX market with its unique matching solution for market participants. Tim Levene, CEO of Augmentum Fintech, lauded LoopFX for its potential to transform the capital markets by offering a fintech solution that collaborates closely with blue-chip financial institutions. According to Levene, LoopFX’s platform will assist market participants in meeting best execution requirements, a mandate in modern financial trading.

Financial Technology (Fintech), Foreign Exchange (Forex), Capital Markets,United Kingdom

Augmentum announces £2.6m investment in LoopFX