# Wematch.Live R&D

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wematch-live-r-d

- Industry: Software
- Headquarters: London, UK
- Website: www.wematch.live
- Total disclosed funding: $20M
- Latest round: Series B (Sep 30, 2021)
- Investors on record: 4

## About

Wematch.Live R&D Ltd. is a technology firm specializing in digital platforms that enhance securities lending and total return swap workflows for financial institutions, streamlining communication and processes across global markets.Founded in 2016 in Tel Aviv, Israel, Wematch.Live R&D Ltd. develops solutions for the securities lending sector. The company has completed 2 deals, with the most recent funding round being a Series B in September 2021, where they raised USD 19.5 mn led by DB1 Ventures. The founders include Elie Slama, Gregory Mimoun, Joseph Seroussi, and Laurent Benzaquine, with Joseph Seroussi currently serving as CEO. The total amount raised by the company to date is USD 19.5 mn.Wematch.Live provides a comprehensive digital platform designed to transform securities lending and total return swap (TRS) workflows for financial institutions, including both sell-side and buy-side firms. The platform offers a suite of innovative tools such as smart matching, negotiation capabilities, and lifecycle management that enhance communication and streamline processes among banks, clients, and internal teams. Core functionalities include multiple matching protocols tailored to user specifications, workflow automation that centralizes trade data, and internal solutions that optimize inter-departmental communication. The company's products are utilized by a diverse client base in global financial markets, including North America, Europe, and Asia, effectively addressing the complexities of securities lending and enhancing operational efficiencies across these regions.The revenue model of Wematch.Live is structured around transactions facilitated through its digital marketplace, where financial institutions engage in securities lending activities. Clients typically utilize the platform to execute trades and negotiate terms, benefiting from the streamlined communication and workflow automation offered. Revenue is generated from subscription-based access to their platform, which includes tools for matching and lifecycle management, as well as additional custom solutions developed to meet specific client needs. The firm’s flagship offerings, including the Smart Basket Builder and collateral optimization tools, play a critical role in enhancing the value proposition for users. Specific pricing plans for these services reflect the bespoke nature of the solutions provided, ensuring adaptability to the unique requirements of each client.In September 2021, Wematch.Live R&D Ltd. raised USD 19.5 mn in Series B funding to support its initiative to digitize capital market workflows globally for sell-side and buy-side institutions. The company plans to launch new products aimed at further enhancing its digital platform, although specific release dates have not been disclosed. Additionally, Wematch.Live is looking to expand into new markets across Europe and Asia by the end of 2023, leveraging the recent funding to facilitate these growth strategies.

## Funding rounds

- Series B, Sep 30, 2021, $20M — JP Morgan Asset Management, Augmentum, Illuminate Financial, DB1 Ventures

## Investors

- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B
- Augmentum (https://capitalatlas.ai/funds/augmentum) — Series B
- Illuminate Financial (https://capitalatlas.ai/funds/illuminate-financial) — Series B
- DB1 Ventures (https://capitalatlas.ai/funds/db1-ventures) — Series B