42Markets Group, a fintech investment group, has raised $10m in growth funding from Convergence Partners, a prominent private equity investor focusing on sub-Saharan Africa’s technology sector. The funds will be used to accelerate the development and expansion of 42Markets’ portfolio companies: Mesh, Andile, and FX Flow.
Convergence Partners’ investment in 42Markets is supported by 14 global development finance institutions (DFIs) from Europe, the US, and Africa.
Equities markets are entering a more distributed, always-on phase. Liquidity is fragmenting across venues and geographies, trading hours are extending toward 24/5 and beyond, and market data volumes, investor expectations and competitive pressure are all rising at once. Many of the platforms that still underpin the equities industry were built for a different era –...
Fixed income markets have undergone substantial electronification over the past two decades, but parts of the primary issuance process remain surprisingly manual. On busy new-issue days, salespeople can still spend significant amounts of time reading investor orders and amendments from chat conversations and manually entering them into bookbuilding systems. Sense Street, the capital markets AI...
Now in its 16th year, the TradingTech Summit London brings together senior leadership across capital markets trading technology and market data. Join us to deep dive into key opportunities and challenges driving technological transformation across sell-side and buy-side firms.
AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...