Augmentum Fintech plc has invested £2.6 million into LoopFX, a London-based company providing a new independent venue for large spot FX trades. LoopFX offers a unique real-time matching solution for market participants, enabling traders to match with asset managers and banks without information leakage. This investment will help LoopFX accelerate its growth and further integrate its technology with leading forex platforms. Tim Levene, CEO of Augmentum Fintech, will join the board of LoopFX. Levene sees this investment as an opportunity to bring efficient trading and price discovery to the FX market.

Financial Technology (FinTech), Foreign Exchange (FX) Markets,United Kingdom

Listed FinTech fund invests £2.6m into LoopFX