Apax Digital Funds Invest $60 Million in MillTech to Fuel North American Expansion

Apax Digital Funds invest $60 million in MillTech to fuel North American expansion

• Investment to accelerate expansion in North America and enhance product offering

MillTech secures £44.8m to accelerate North American expansion

London-based risk management platform MillTech has secured £44.8m investment from Apax Digital Funds. Founded in 2019, MillTech automates FX hedging and investment operations by combining trade calculation, execution, settlement, reporting and transaction cost analysis (TCA) into a single technology solution, delivering direct access to the wholesale multi-bank market. The fintech operates independently from counterparty banks while ensuring con…

MillTech to Accelerate U.S. Expansion Following Investment

Investment to accelerate expansion in North America and enhance product offering. Values MillTech at $325m. MillTech reports c.$500bn annual trading volume, $35bn in client programmes and 70%+ revenue growth. MillTech, a leading risk management platform which provides next-gen FX hedging and cash investments for fund managers and corporates, today announced a $60 million minority investment from the Apax Digital Funds, the growth equity arm of A…

MillTech raises £45m to fuel North American expansion

MillTech has raised a £45 million minority investment from Apax Digital Funds, the growth equity arm of Apax Partners. MillTech is a risk management platform which provides foreign exchange hedging and cash investments for fund managers and corporates. The deal values MillTech at $325m. MillTech’s ultimate group holding company retains its majority shareholding.  MillTech is scaling rapidly, delivering 79% revenue growth in 2024 and 73% in 2025.…

Apax Digital invests $60m in MillTech at $325m valuation

MillTech secures $60m from Apax Digital Funds at a $325m valuation. Find out how the FX platform plans to grow.

MillTech Secures $60 Million To Expand Into US Market - Fintech InShorts: Latest Fintech News, Analysis By Experts

Funding positions MillTech for growth in North America. Highlights: MillTech raises $60 million for US expansion. The funding aims to enhance its service offerings. Investment supports MillTech’s growth strategy in North America. MillTech, a fintech company, has successfully secured $60 million in funding to expand its operations into the US market. This investment aims to enhance its service offerings and establish a stronger presence in North…