Provider of multi-asset electronic trading and payment platforms, smartTrade Technologies, announced a strategic investment from the private equity firm TA Associates.
smartTrade Announces Strategic Investment from TA Associates
The company added that its CEO and Co-Founder, David Vincent, along with the firm’s broader management team, will invest alongside TA, reinforcing their long-term commitment to the company.
The France-based fintech firm, which operates in major financial hubs including London, New York, and Tokyo, provides SaaS solutions to support electronic trading and payments.
TA’s investment is expected to accelerate smartTrade’s product innovation, geographic expansion, and AI-driven solutions.
Following the transaction’s completion, Hg, a European investor in software and services, will fully exit its majority stake in smartTrade.
“Our customers have always been our North Star, and this partnership with TA will enhance our ability to serve them with innovative trading and payments solutions,” said Vincent. “We are committed to driving the next wave of client-centric innovation, including accelerated AI adoption and greater flexibility in hosting and execution.”
Max Cancre, Managing Director at TA, stated: “smartTrade has firmly established itself at the forefront of electronic trading and payments technology. We believe the company’s market-leading solutions, culture of innovation and unwavering commitment to client success have positioned it well for continued growth.”
