Beacon Platform, a global financial technology company, closed its Series A funding of undisclosed amount.
The round was led by Pimco, with participation from Barclays and Global Atlantic Financial Group.
Launched in 2014 and led by Mark Higgins, Chief Operating Officer, and Kirat Singh, Chief Executive Officer, Beacon licenses its developer platform, infrastructure services, and front office applications to institutional clients.
Clients include global investment banks, asset managers, insurance companies, and commodities trading firms.
The company has over 70 employees with offices in New York, London, Berlin, and Tokyo.