# TransFICC

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

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.transficc.com
- Total disclosed funding: $55M
- Latest round: Series B (Mar 28, 2025)
- Investors on record: 10

## About

Based in London, UK, and founded in 2016 by Steve Toland, Judd Gaddie, and Tom McKee, TransFICC Limited, is an eTrading technology firm that specializes in fixed income and derivatives markets. In April 2025, TransFICC Limited raised EUR 22.5 million in series B funding co-led by new investors Citadel Advisors and BlackFin Capital Partners, with participation returning investors AlbionVC, Citi Ventures, HSBC Bank, Illuminate Financial, ING Ventures, and neosfer. Other unspecified investors also participated in the round. The company serves eight top-tier investment banks and exchange groups. TransFICC provides a scalable API to banks and asset managers that connect different electronic trading venues and supports a wide range of fixed income operations. The firm employs low-latency, scalable, and secure technology, that keeps up with price updates and avoids being out-traded by high-frequency traders. Additionally, the firm includes timestamps, which are measured in microseconds, and capture when data arrives at the bank or asset management, assisting in the provision of an audit trail that supports the best execution. The company will use the April 2025 funding to support its business growth.

## Funding rounds

- Series B, Mar 28, 2025, $26M — HSBC Bank, BlackFin Capital Partners, Citi Ventures, Illuminate Financial, neosfer, ING Ventures, AlbionVC, Citadel Securities Americas LLC
- Series A, Mar 30, 2022, $20M — HSBC Bank, Citi Ventures, Illuminate Financial, neosfer, ING Ventures, AlbionVC
- Series A, Apr 9, 2020, $7.2M — HSBC Bank, Citigroup, Illuminate Financial, neosfer, The FinLab, ING Ventures, AlbionVC
- Seed, Aug 16, 2018, $0.5M — Citi Ventures, Illuminate Financial, neosfer, The FinLab
- Seed, Oct 17, 2017, $1.3M — Illuminate Financial, neosfer, The FinLab

## Investors

- Illuminate Financial (https://capitalatlas.ai/funds/illuminate-financial) — Seed, Series A, Series B
- neosfer (https://capitalatlas.ai/funds/neosfer) — Seed, Series A, Series B
- The FinLab — Seed, Series A
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Seed, Series A, Series B
- HSBC Bank — Series A, Series B
- Citigroup — Series A
- ING Ventures (https://capitalatlas.ai/funds/ing-ventures) — Series A, Series B
- AlbionVC — Series A, Series B
- BlackFin Capital Partners (https://capitalatlas.ai/funds/blackfin-capital-partners) — Series B
- Citadel Securities Americas LLC — Series B