Traydstream secures £5.6m Series A funding led by Spearhead Capital to expand operations
The Series A round was led by Spearhead Capital with participation from AFG Partners and European family offices.
Traydstream provides automated trade document scrutiny and compliance checking solutions for financial institutions and corporates. The firm uses digital technology to streamline trade finance operations and reduce risk.
London based fintech firm Traydstream has raised £5.6m in a Series A funding round led by Spearhead Capital. The capital injection also saw participation from institutional and private investors, including AFG Partners and several European family offices. The funds will be deployed to expand infrastructure and grow the team as the business scales its global operations.
The company has experienced increased demand for its automated trade document checking platform following pandemic related disruptions in global trade. Traydstream currently operates across 17 markets and four continents, using machine learning to streamline compliance and reduce risks in trade finance.
From the founder
"It’s been inspiring to see the interest in Traydstream and our business mission from our investors. This funding round allows us to accelerate our investment into infrastructure and people as we look to serve clients globally and across diverse time zones"
Sameer Sehgal
CEO at Traydstream
Use of funds
- 01Build out infrastructure
- 02Grow the team
Investors
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About the company
Traydstream
Traydstream automates trade document scrutiny and compliance checking for the finance industry.