About AxeTrading
AxeTrading is a Technology company based in London (United Kingdom) founded in 2009, and was acquired by Trading Technologies in March 2023. Fixed income electronic trading solutions with multi-platform integration are provided. AxeTrading has raised $12.52 million across 4 funding rounds from investors including International Finance Corporation, Trading Technologies and Sumscope. The company has 18 employees. AxeTrading was last valued at $34.5 million in July 2020. Its Indian entity Ing Vysya Bank Limited reported revenue of ₹2,262 Cr. AxeTrading offers products and services including Trading Platform. Its focus areas include FinTech, Investment Tech, Capital Market IT and Trade Management.
Company details
AxeTrading was founded in 2009 and is based in London, United Kingdom. Operations center on the fixed income sector, where electronic trading solutions are delivered. Multi-platform integration is enabled, alongside support for best execution and straight-through processing. A pricing engine is incorporated, and post-trade integration with regulatory reporting venues is handled. Connectivity options include voice, electronic platforms, swap execution facilities, and additional methods.
- Headquarters London, United Kingdom
- Employees 18
- Stage Acquired
- SectorsTechnology
- Website axetrading.com
- Social LinkedIn X Facebook
- Acquired by Trading Technologies (Mar 2023)
- Legal Name Axetrading Limited
- Date of Incorporation 13 Oct, 2008
- Jurisdiction LONDON, UNITED KINGDOM
- Indian entity revenue₹2,262 Cr
FY 2024 · 0% YoY
- Total Equity Funding$12.52M (USD)
in 4 rounds
- Latest Funding Round$10M (USD), Series A
Jul 2020
- InvestorsInternational Finance Corporation
& 4 more
- Employee Count18
- Acquired byTrading Technologies
(Mar 2023)
Associated legal entities of AxeTrading
AxeTrading operates through Ing Vysya Bank Limited, a listed company (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ing Vysya Bank Limited Listed CIN L85110KA1930PLC000124 | Amalgamated | 29 Mar 1930 | Bangalore, Karnataka | ₹2,262 Cr | 11 | View details |
Products & Services of AxeTrading
AxeTrading offers a comprehensive portfolio of products and services, including Trading Platform.
Platform for executing trades in fixed income securities and derivatives.
Funding Insights of AxeTrading
AxeTrading has successfully raised a total of $12.52M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in July 2020. 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.
- Total Funding $12.52M
- Total Rounds 4
- Last Round Series A — $10M
- Investors Count 4
All 4 funding rounds of AxeTrading with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | $10M | Series A | $34.5M | IFC | |
| Jun 2017 | $2.25M | Seed | $9.9M | Illuminate Financial | – |
| Aug 2015 | $269,700 | Seed | $••••• | – | – |
| Apr 2014 | Seed | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2020 | $34.5M | •••••••• |
| Jun 2017 | $9.9M | •••••••• |
Last known valuation $34.5M (Jul 2020). 5 investors in total: 5 institutional.
Investors in AxeTrading
AxeTrading has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Trading Technologies and Sumscope.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| illuminatefinancial.com | ||||
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Venture capital firm focused on multiple sectors | sixthirty.co | St. Louis, United States | ||
Information sharing and electronic platform for OTC market | 2010 | sumscope.com | Shanghai, China | |
Trade management software for futures and options is provided. | 1994 | tradingtechnologies.com | Chicago, United States |
Investor details for AxeTrading
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Ing Vysya Bank Limited (AxeTrading)
Ing Vysya Bank Limited is the primary company behind AxeTrading. The board of Ing Vysya Bank Limited currently have 11 directors; the longest-serving is Maddali Venkata Satya Apparao, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddali Venkata Satya Apparao DIN 00484877 | Company Secretary | 27 Jul 2007 | 19 yrs 3 mo | Ing Vysya Bank Limited |
| Santosh Desai DIN 01237902 | Director | 29 Apr 2008 | 18 yrs 6 mo | Ing Vysya Bank Limited |
| Meleveetil Damodaran DIN 02106990 | Director | 21 Jul 2008 | 18 yrs 3 mo | Ing Vysya Bank Limited |
| Vaughn Nigel Richtor DIN 00698356 | Director | 01 Jun 2009 | 17 yrs 5 mo | Ing Vysya Bank Limited |
| Vikram Talwar DIN 00416236 | Director | 20 Dec 2010 | 15 yrs 10 mo | Ing Vysya Bank Limited |
| Mark Edwin Newman DIN 03518417 | Director | 20 Apr 2011 | 15 yrs 6 mo | Ing Vysya Bank Limited |
| Jayant Mehrotra DIN 07681406 | CFO | 29 Apr 2014 | 12 yrs 6 mo | Ing Vysya Bank Limited |
| Alka Marezban Bharucha DIN 00114067 | Additional Director | 25 Jun 2014 | 12 yrs 4 mo | Ing Vysya Bank Limited |
| Adrianus Johannes Antonius Kas DIN 06853983 | Additional Director | 25 Jun 2014 | 12 yrs 4 mo | Ing Vysya Bank Limited |
| Kewal Kundanlal Handa DIN 00056826 | Additional Director | 12 Aug 2014 | 12 yrs 2 mo | Ing Vysya Bank Limited |
| David Han Lee Yong DIN 07015440 | Additional Director | 10 Nov 2014 | 12 yrs | Ing Vysya Bank Limited |
People of AxeTrading
3 people are tracked at AxeTrading (2 in leadership, 1 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Greville Lucking | Chief Executive Officer | Leadership |
Kem Husain | Managing Director APAC | Leadership |
Christoph Könneker | Account Manager | Team |
Complete people profiles for AxeTrading
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of AxeTrading
Figures of Ing Vysya Bank Limited, the primary company behind AxeTrading, for FY 2024. Revenue was ₹2,262 Cr (0% year on year). Revenue has grown at a compounded annual rate of +7% over three years and +4% over five years.
- ₹2,262 CrRevenue · FY 2024 · 0% YoY
- ₹192 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ing Vysya Bank Limited are on its company page.
Detailed financial statements for AxeTrading
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of AxeTrading
5 dated milestones of AxeTrading across 14 years, from founding to its latest funding, stage changes and deals.
- Founded AxeTrading is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $10.0M.
- Exit Acquired by Trading Technologies.
Web traffic of AxeTrading
The website of AxeTrading (axetrading.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 238.1% vs previous month
Websites whose visitors overlap most with AxeTrading. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
axetrader.com | axetrader.com | 100% | #12,007,931 | – |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as AxeTrading (Investment & Financial Technology) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online data source platform for information, analytics, and solutions for governments and financial markets | 1959 | London, England, United Kingdom | USD 1.41 B | |||
AI-based platform for automated personal spend management is provided. | 2016 | London, England, United Kingdom | USD 75.78 M |
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Related news about Axetrading
Complete news archive for AxeTrading
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Frequently Asked Questions about AxeTrading
AxeTrading was founded in 2009 and raised its 1st funding round 5 years after it was founded.
AxeTrading is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
AxeTrading is a funded company, having raised a total of $12.52M across 4 funding rounds to date.
AxeTrading has 18 employees.
The primary company behind AxeTrading, Ing Vysya Bank Limited, reported revenue of ₹2,262 Cr for FY 2024, down 0% year on year.
AxeTrading was founded in 2009 and is based in London, United Kingdom. Operations center on the fixed income sector, where electronic trading solutions are delivered. Multi-platform integration is enabled, alongside support for best execution and straight-through processing. A pricing engine is incorporated, and post-trade integration with regulatory reporting venues is handled. Connectivity options include voice, electronic platforms, swap execution facilities, and additional methods.
AxeTrading offers Trading Platform.
AxeTrading has 5 investors. Key investors include International Finance Corporation, Trading Technologies, Sumscope, Illuminate Financial, and SixThirty.
The valuation of AxeTrading is $34.5M as of Jul 2020.
AxeTrading operates through Ing Vysya Bank Limited.
Yes. AxeTrading was acquired by Trading Technologies in March 2023.
The legal entities of AxeTrading currently have 11 directors, including Mark Edwin Newman, Vikram Talwar, Vaughn Nigel Richtor and others.