BidFX

London, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By SGX
Cloud-based multi-asset trade management solutions are provided for financial institutions.
Annual revenue $44.9M Latest available
Total funding $25.0M 1 rounds
Employees 71 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About BidFX

BidFX is a company based in London (United Kingdom) founded in 2017 was acquired by SGX in June 2020. BidFX has raised $25 million across 1 funding round from investors including SGX. The company has 71 employees as of January 31, 2020. BidFX operates in a competitive market with competitors including EXIGER, Riskified, CyberGRX, Riskonnect and ObserveIT, among others.

  • Headquarter London, United Kingdom
  • Employees 71 as on 31 Jan, 2020
  • Sectors
    Financial Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bidfx Systems Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $44.91 M (USD)
    8
    as on Jun 30, 2023
  • Net Profit
    $4.89 M (USD)
    87
    as on Jun 30, 2023
  • EBITDA
    $6.97 M (USD)
    146
    as on Jun 30, 2023
  • Total Equity Funding
    $25 M (USD)

    in 1 rounds

  • Latest Funding Round
    $25 M (USD), Series A

    Mar 27, 2019

  • Investors
  • Employee Count
    71

    as on Jan 31, 2020

  • Acquired by
    SGX

    (Jun 29, 2020)

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People of BidFX

Headcount 50-200
Employee Profiles 37
Employee Profiles
People
⭐️ Paul Sweeny
Chief Technology Officer
People
Zaneta Grmanova
Office Manager & EA
People
Owen Wood
Lead Android Developer
People
Rhys Field
Software Engineer

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Funding Insights of BidFX

BidFX has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in March 2019. 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 BidFX

BidFX has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SGX.

All
Institutional
Investor Description Founded Year Domain Location
Operates a digital hub for securities and derivatives exchange data.
Locked Locked Locked
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Investor details for BidFX

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  • Participation history

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Investments & Acquisitions by BidFX

Investments
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Investment portfolio details for BidFX

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Financial Statements - BidFX

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Detailed financials for BidFX

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Bidfx Comparisons

BidFX Primary company
Description
Cloud-based multi-asset trade management solutions are provi...
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
$44.91 M (USD)
Net Profit
$4.89 M (USD)
EBITDA
$6.97 M (USD)
Employees
71
As of 2020
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Peer comparison for BidFX

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of BidFX

BidFX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EXIGER, Riskified, CyberGRX, Riskonnect and ObserveIT, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Third-party risks and supply chains are managed via AI platform.
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AI-based fraud prevention for e-commerce payments is provided.
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Cloud-based risk assessment and management solutions are provided for enterprises.
Locked Locked Locked
Cloud-based risk management solutions are offered for the insurance sector.
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Insider threats are detected and managed via user behavior analytics.
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SaaS-based solutions for derivatives risk analytics are provided.
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Detailed competitors of BidFX

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Latest news on Bidfx

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Complete news archive for BidFX

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Frequently Asked Questions about BidFX

BidFX was founded in 2017 and raised its 1st funding round 2 years after it was founded.

BidFX is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Jean-Philippe Male is the current CEO of BidFX.

BidFX is a funded company, having raised a total of $25M across 1 funding round to date.

As of Jan 31, 2020, the latest employee count at BidFX is 71.

Annual revenue of BidFX is $44.91M as on Jun 30, 2023.

BidFX was founded in 2017 and is headquartered in London, United Kingdom. Cloud-based trade management software is offered to asset managers, hedge funds, banks, traders, and investors within the financial technology sector. Pre-trade predictive models, in-trade benchmarking, and post-trade synopses are included, along with tools for risk and compliance, liquidity aggregation, trading strategies, and multi-asset trading operations.

BidFX's top competitors include Riskified, EXIGER and RapidRatings.

BidFX has 1 investor. Key investors include SGX.

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