ThinkMarkets Secures US$40 Million in Growth Capital Funding from Leading Institutional Investors

LONDON, February 11, 2022 /PRNewswire/ — ThinkMarkets is pleased to announce the recent successful closing of a $40 million funding package that will enable rapid growth through existing and exciting new business initiatives in 2022. The funding package consisted of a $10 million in pre-IPO convertible equity investments and $30 million senior secured debt facility.

ThinkMarkets, official global trading partner of Liverpool FC.

Commenting on the financing file, Mr. Nauman Anesco-founder and CEO of ThinkMarkets, said: “Our exceptional growth in recent years has been supported by a significant increase in the products available on our world-leading multi-asset trading platform. Our ambitions to continue to scale rapidly are anchored in solid geographic expansion plans. and significant new product developments to meet the trading and wealth management needs of our clients in an increasingly borderless investment world. This funding, backed by leading institutional investors, gives our business the cash to scale rapidly in line with our growth objectives. Thank you to all of the investors who participated and we look forward to introducing ThinkMarkets to a growing number of global trading and wealth management participants. »

The funding package obtained by ThinkMarkets included two components;

1. $10 million investment in convertible shares pre-IPO, and

2. $30 million senior secured debt facility.

Pre-IPO Convertible Capital Facility

ThinkMarkets has completed a $10 million pre-IPO convertible equity investment, backed by existing shareholder, Regal Funds Management. This convertible equity investment was made directly by the company, Chardan, a US-based global investment bank, acting as lead financial advisor.

Senior Secured Debt Facility

A senior secured credit facility of $30 million was provided by Mars Growth, a Liquidity Group and MUFG joint venture fund. This installation was made using Liquidity Analytics, Liquidity Group’s innovative artificial intelligence platform, and was presented to ThinkMarkets by SingaporeARC Investments.

“It was a pleasure to work with Nauman Anes and his amazing team at ThinkMarkets to provide them with the necessary funding to continue to rapidly scale their fintech business.” Ron Danielco-founder and CEO, Liquidity Group.

About ThinkMarkets:

ThinkMarkets is an innovative multi-asset online trading company providing access to everything from stocks, crypto, FX and more. By providing quick and easy access to a wide range of markets around the world through our global geographic footprint, we remove the boundaries of investing and trading. The company uses the latest technology to provide the best prices and speed of execution and offers superior service to traders throughout their trading journey. ThinkMarkets maintains competitive trading conditions including tight spreads, low to zero commissions and a range of account types to suit specific client needs. With its headquarters at London and melbourneand hubs in Asiathe Middle East, North Africa, Europe and JapanThinkMarkets provides global market access to individual and institutional investors worldwide.

www.thinkmarkets.com

For more information: [email protected]

Contact:
Viktor Golovchenko
+44 203 514 2374
[email protected]

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ThinkMarkets Logo (PRNewsfoto/ThinkMarkets)

ThinkMarkets Logo (PRNewsfoto/ThinkMarkets)

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SOURCEThinkMarkets

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