Baar, 19 September 2023 – Instimatch Global AG, a leading Swiss fintech company, is excited to announce 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 Global AG 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 platform 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 time 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 Instimatch 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.
“We are thrilled by the support and confidence shown by our investors. This financing round represents a crucial step in our journey toward achieving even greater success and delivering exceptional value to our clients and stakeholders. I am excited about the opportunities it brings for our team, customers, and partners.”, said Hugh Macmillen, Chairman and Founder of the company.
Instimatch Global AG expresses its sincere gratitude to all its investors, employees, customers, and partners who have been contributing to its growth and success.
For inquiries, please contact:
Adrian Edelmann, CEO
+41 44 521 01 30
adrian.edelmann@instimatch.com
About Instimatch Global AG:
Founded in 2017 and based in Switzerland, Instimatch Global AG offers a web-based cash management trading platform for institutions across industries and geographies, enabling them to directly engage with each other and digitally execute all their liquidity needs as well as allowing them to leverage their trading network. The platform covers various asset classes, including unsecured cash deposits, repos, money market funds, forex and digital promissory notes.
For more information, please visit www.instimatch.com.
