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STARTRADER raises $30 million in client fund insurance from Lloyd’s of London, increasing coverage from $1 million to protect against insolvency. The higher limit will take effect on October 1, 2026.
Amount Raised
$30 Million
Round Type
Venture
Dubai EmirateFinancial ServicesInvestors
Description
STARTRADER has successfully raised the aggregate limit of its client fund insurance to $30 million, significantly increasing coverage from the previous $1 million. This policy, underwritten by Lloyd’s of London syndicates, is aimed at protecting eligible clients' funds. Effective October 1, 2026, it will cover available balances and open positions, offering essential security against insolvency. CEO Peter Karsten emphasized the importance of adequate insurance coverage in worst-case scenarios.
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