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Derivative Path Raises $35 Million in Growth Equity Funding From FTV Capital

Jun 24, 2020about 5 years ago

Amount Raised

$35 Million

San Francisco

Description

Derivative Path, Inc. (DPI), a leading capital markets financial technology and services company, announced today that it has secured $35 million in growth equity funding from FTV Capital, a successful investor in innovative, high-growth companies within the enterprise technology and services, financial services, and payments and transaction processing sectors. The investment is DPI’s first outside institutional round and will be used to expand its product offerings and help accelerate the company’s client-centric growth with financial institutions, end users and buy-side clients using DPI’s interest rate derivatives and foreign exchange platform.

Company Information

Company

FTV Capital

Location

San Francisco, California, United States

About

Derivative Path is a San Francisco Bay Area-based FinTech company with additional offices in New York City and Chicago. The company provides a technology-led solution to assist financial institutions, buy-side, and commercial end-users in executing and managing their over-the-counter interest rate derivative and foreign exchange transactions.

FundzWatch™ Score

80
Medium Activity

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