Based in london HUBX (The Hub Exchange Limited) simplifies the processes of raising and distributing private capital. It helps leading sell-side and long-side financial institutions around the world, including stock exchanges, banks, brokerage and asset management firms, meet transaction execution times and dramatically minimize costs. .
Funding of Â£ 4.2million
Recently, HUBX announced that it had finalized a Â£ 4.2million funding round in a second round. The investment cycle was led by European B2B technology venture capital fund Basinghall Partners with participation from Barclays, ELITE and individual investors. The fund will be used to accelerate HUBX’s product roadmap, grow its team and develop its marketing and distribution capabilities.
Axel Coustere, co-founder of HUBX, said: âThere is enormous potential to help organizations digitize their private capital raising and distribution activities, current conditions are accelerating the trend towards the digitization of all end transactions. at the end. We are excited that our investors see the significant opportunity to transform private finance globally. “
Stephen Ong, Co-Founder of HUBX, said: âWe are delighted to welcome Basinghall Partners to HUBX alongside Barclays and ELITE. This latest capital increase will support the acceleration of our product roadmap, grow the team and increase our marketing and distribution capacity. “
Andrew Irvine of Basinghall Partners added, âWe are delighted to add HUBX to our portfolio and look forward to providing our network and knowledge base to further enable the HUBX opportunity. Simplifying and connecting private capital markets with the latest technology is an exciting and topical prospect. “
Digital transformation on the rise
In 2020, HUBX saw an increase in demand for its digital capital markets solutions as organizations accelerate their digital transformation at an accelerating pace.
HUBX works with leading start-ups, banks, brokers and exchanges to support their capital raising, private placement and trade syndication activities on all finance products. Its proven cloud-based technology enables organizations to rapidly deploy modular and branded transaction execution solutions that integrate seamlessly with other services and data sources through APIs.
By connecting front office activities to major back office systems and universities, we can then fully digitize their capital raising activities and accelerate their digital transformation while leveraging existing infrastructure.
Founded in 2015 by Axel Coustere and Stephen Ong, HUBX technology leverages automation and data insight to help organizations execute transactions faster, collaborate, and better understand their networks. By accelerating the flow of transactions and expanding revenue opportunities, HUBX solutions deliver efficiency savings and reduce risk for all stakeholders.