# AbbeyCross

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/abbeycross

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.abbeycross.com
- Total disclosed funding: $6.5M
- Latest round: Seed (Dec 13, 2023)
- Investors on record: 4

## About

Based in the UK, and founded in 2021, AbbeyX Ltd, trading under the name AbbeyCross, is a trading and compliance marketplace. The company was founded by its CEO Mike Robertson, and COO Adrian Brown. In December 2023, AbbeyCross raised USD 6.5 million in seed funding led by Valar Ventures, with participation from BNY Mellon, and Gaingels. 

AbbeyCross provides a cross-border EM payment (emerging market) platform, which is an FX (foreign exchange) trading platform that concentrates on strengthening the market framework for EM currencies and is available to banks and other payment providers. The company’s (artificial intelligence) AI-enhanced trading platform eliminates market inefficiencies by strengthening the foundational market architecture for EM currencies and increasing currency liquidity.

The company plans to use the funds raised in December 2023 to further enhance its ABX Sync platform.

## Funding rounds

- Seed, Dec 13, 2023, $6.5M — The Bank of New York Mellon, Valar, Third Prime Capital, Gaingels

## Investors

- The Bank of New York Mellon — Seed
- Valar (https://capitalatlas.ai/funds/valar) — Seed
- Third Prime Capital (https://capitalatlas.ai/funds/third-prime-capital) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed