Moment, a New York-based fintech startup providing an institutional-grade fixed income solution, raised $17m in Series A funding.
The round was led by Andreessen Horowitz, with participation from Venrock, Contrary, Neo, and Henry Kravis.
The company, which has raised $20m in total funding to date, intends to use the funds to expand operations and its development efforts.
Founded in 2022 and led by Dylan Parker, CEO, Moment enables global fintechs, traditional brokerages, and RIAs to deliver a complete fixed income solution to their clients — including automated best execution across every source of liquidity, real-time risk management capabilities, and comprehensive data and analytics tailored to digital platforms.
According to the company, its APIs currently power automated execution, data and analytics, and risk management for firms collectively representing 100B+ in assets.
FinSMEs
17/09/2023