Augmentum Fintech has invested in Wematch with participation from Deutsche Börse, Illuminate Financial and J.P. Morgan.
Wematch is a capital markets trading platform that helps financial institutions transition liquidity to an orderly electronic service, improving productivity and de-risking the process of voice broking. Their solution helps traders find liquidity, negotiate, trade, optimise and manage the lifecycle of their portfolios of assets and trade structures.
“This is Augmentum’s first investment into the capital markets space, where we have been convinced for some time that innovative fintech solutions could improve market efficiency. Wematch is already active in multiple asset classes and is leveraging technology to change how market participants interact, helping reduce operational risk while controlling costs thanks to their differentiated subscription model. As such, Wematch makes a compelling addition to the portfolio.”, says Augmentum CEO Tim Levene.