24 Exchange

Bermuda Founded: 2018 • Age: 8 yrs
An online platform for currency exchange is provided electronically.
Annual revenue - Latest available
Total funding $21.3M 3 rounds
Employees 4 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About 24 Exchange

24 Exchange is a company based in Bermuda founded in 2018 by Dmitri Galinov. 24 Exchange has raised $21.27 million across 3 funding rounds from investors including Aspire App, Morgan Creek and Blackwells Capital. The company has 4 employees as of January 31, 2022. 24 Exchange has completed 1 acquisition, including 11B Technologies. 24 Exchange offers products and services including Trading Platform and FX NDF Trade.

  • Headquarter Bermuda
  • Employees 4 as on 31 Jan, 2022
  • Founders Dmitri Galinov
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name 24 Exchange Uk Ltd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → Capital Markets & Trading Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21.27 M (USD)

    in 3 rounds

  • Latest Funding Round
    $7.02 M (USD), Series A

    Mar 08, 2022

  • Investors
    Aspire App

    & 4 more

  • Employee Count
    4

    as on Jan 31, 2022

  • Investments & Acquisitions
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Products & Services of 24 Exchange

24 Exchange offers a comprehensive portfolio of products and services, including Trading Platform and FX NDF Trade.

Product name locked
Category locked
Primary

Interface for 24-hour multi-asset trading with competitive fees

Product name locked
Category locked
Locked

Service for executing non-deliverable forwards in FX markets

Funding Insights of 24 Exchange

24 Exchange has successfully raised a total of $21.27M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.02 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in 24 Exchange

24 Exchange has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Aspire App, Morgan Creek and Blackwells Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment management services are provided to institutions and wealthy families.
Locked Locked Locked
Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
Locked Locked Locked
VC fund backed by Standard Chartered
Locked Locked Locked
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Investor details for 24 Exchange

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by 24 Exchange

24 Exchange has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 11B Technologies.

Investments
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Investment portfolio details for 24 Exchange

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Trade life cycle management solutions are offered to brokerage firms.
Locked Locked 2018 Locked
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Complete acquisition details for 24 Exchange

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - 24 Exchange

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Detailed financials for 24 Exchange

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24 Exchange Comparisons

24 Exchange Primary company
Description
An online platform for currency exchange is provided electro...
Location
Bermuda
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
4
As of 2022
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Peer comparison for 24 Exchange

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Competitors of 24 Exchange

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Detailed competitors of 24 Exchange

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Latest news on 24 Exchange

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Complete news archive for 24 Exchange

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Frequently Asked Questions about 24 Exchange

24 Exchange was founded in 2018 and raised its 1st funding round 2 years after it was founded.

24 Exchange is headquartered in Bermuda.

Dmitri Galinov is the current CEO of 24 Exchange. They have also founded this company.

24 Exchange is a funded company, having raised a total of $21.27M across 3 funding rounds to date.

As of Jan 31, 2022, the latest employee count at 24 Exchange is 4.

24 Exchange was founded in 2018 and is based in Bermuda. An internet-first currency exchange platform is operated, offering an electronic marketplace for currency trades. Customized pricing, liquidity provision, credit management, and additional financial solutions are delivered to users. Operations focus on facilitating secure and efficient cross-border exchanges within the fintech sector.

24 Exchange offers Trading Platform and FX NDF Trade.

24 Exchange has made 1 acquisition, including 11B Technologies.

24 Exchange has 5 investors. Key investors include Aspire App, Morgan Creek, Blackwells Capital, Point72 Ventures, and SC Ventures.

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