United Fintech, a London-headquartered neutral Digital Transformation platform has received debt financing from International Banking Group Standard Chartered.
United Fintech acquires and forms partnerships with fintech companies in the capital markets space. This creates a fintech one-stop shop to innovate with businesses through collaboration with other cutting-edge technology providers for the benefit of banks, hedge funds, and asset managers.
Christian Frahm, CEO and Founder of United Fintech, said:
“The investment underscores Standard Chartered’s commitment to accelerate digital transformation and highlights their forward-thinking approach to collaborative innovation.
As an Asia-focused multinational bank with an expansive footprint in Asia, Africa, Middle East, Europe and Americas, we are thrilled to have them complete our circle of global investors, joining Citi and BNP Paribas, who initially invested in February 2024, as well as Danske Bank, who followed in May.”
Geoff Kot, Global Head, CIB Business Platforms & Partnerships at Standard Chartered, said:
“We have been impressed by the growth in United Fintech’s portfolio of innovative, engineering-led technology companies and share their vision for how technology can transform and disrupt market structure and infrastructure.”
As part of the investment, Standard Chartered has been granted Board observer rights and, subject to fulfilment of certain pre-conditions, will be offered a rotational Board seat. This will enable it to share its existing expertise and contribute to decisions around the platform’s strategic direction.
Lead image: Christian Frahm, CEO and Founder of United Fintech. Photo: uncredited.