About 11B Technologies
11B Technologies is a Technology company based in Jersey City (United States) founded in 2018, and was acquired by 24 Exchange in July 2021. It operates as a trade life cycle management solutions are offered to brokerage firms. The company was acqui-hired. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management. Its competitors include Clear Street, Saphyre, IPC, Neovest and Corfinancial and 5 more; 4 of its 10 listed competitors have raised funding.
Company details
11B Technologies was founded in 2018 and is based in Jersey City, United States. Solutions for trade life cycle management are provided to brokerage firms, with a focus on forex and CFDs. Services encompass order and execution systems, risk management, matching engines, CRM, back-office functions, APIs, GUIs, white labeling, post-trade processing, third-party integrations, retail and institutional models, principal and agency execution, and margin and credit maintenance.
- Headquarters Jersey City, United States
- Stage Acquired
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website 11b.io
- Social LinkedIn Facebook
- Acquired by 24 Exchange (Jul 2021)
- Investors
- Acquired by24 Exchange
(Jul 2021)
Investors in 11B Technologies
11B Technologies has secured backing from 1 investor. Prominent investors backing the company include 24 Exchange.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An online platform for currency exchange is provided electronically. | 2018 | 24exchange.com | Bermuda |
Investor details for 11B Technologies
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Timeline of 11B Technologies
2 dated milestones of 11B Technologies across 3 years, from founding to its latest funding, stage changes and deals.
- Founded 11B Technologies is founded.
- Exit Acquired by 24 Exchange.
Competitors of 11B Technologies
11B Technologies has 10 listed competitors in our database, 4 of them funded. They include Clear Street, Saphyre, IPC, Neovest and Corfinancial, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clearstreet.io | 2018 | New York, United States | $761.71M | – | Trade life cycle management platform for brokerages | |
| saphyre.com | 2017 | Hoboken, United States | $88.7M | – | Pre-trade and post-trade analytics and onboarding solutions | |
| ipc.com | 1973 | Jersey, United States | – | 401 | Specialized technology solutions are provided for financial trade lifecycles. | |
| neovest.com | 2000 | Orem, United States | – | – | We are an independently operated technology company providing a comprehensive suite of global broker-neutral financial services to the buy- and sell-side. | |
| corfinancialgroup.com | 1996 | London, United Kingdom | – | 42 | Software solutions for financial institutions are developed and provided. | |
| directbooks.com | 2019 | Sacramento, United States | – | 12 | Primary market communications platform for bond issuance is provided. | |
| itiviti.com | 1987 | Stockholm, Sweden | $5.09M | – | Trade life cycle management solutions are offered for capital markets. | |
| ediphy.io | 2018 | London, United Kingdom | $3.91M | 21 | Cloud-based execution and data analysis solutions are provided for institutions. | |
| trafix.com | 2013 | Garden, United States | – | – | Trade life cycle management solutions are provided for financial institutions. | |
| sterlingtradingtech.com | 2000 | Chicago, United States | – | – | Electronic trading solutions and connectivity are provided to financial firms. |
Detailed competitors of 11B Technologies
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Top companies in Investment & Financial Technology
10 companies that operate in the same segment as 11B Technologies (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | 602 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | 674 | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | 1,524 |
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Frequently Asked Questions about 11B Technologies
11B Technologies was founded in 2018.
11B Technologies is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
11B Technologies was founded in 2018 and is based in Jersey City, United States. Solutions for trade life cycle management are provided to brokerage firms, with a focus on forex and CFDs. Services encompass order and execution systems, risk management, matching engines, CRM, back-office functions, APIs, GUIs, white labeling, post-trade processing, third-party integrations, retail and institutional models, principal and agency execution, and margin and credit maintenance.
11B Technologies's top competitors include Clear Street, Saphyre and IPC.
11B Technologies has 1 investor. Key investors include 24 Exchange.
Yes. 11B Technologies was acquired by 24 Exchange in July 2021.
