ION Group

New York, United States Founded: 1998 • Age: 28 yrs
Treasury management solutions are provided for financial institutions and banks.
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About ION Group

ION Group is a company based in New York (United States) founded in 1998 by Andrea Pignataro.. ION Group has raised $400 million across 5 funding rounds from investors including The Carlyle Group, European Union and National Oceanic and Atmospheric Administration. The company has 988 employees as of October 31, 2024. ION Group has completed 12 acquisitions, including Acuris, Allegro Development and Anvil.com. ION Group offers products and services including LatentZero Compliance, XTP Execution, Fidessa, and Reval. ION Group operates in a competitive market with competitors including GAIN Capital, IDnow, Socure, Jumio and Alloy, among others.

  • Headquarter New York, United States
  • Employees 988 as on 31 Oct, 2024
  • Founders Andrea Pignataro
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $141.62 M (USD)
    12
    as on Dec 31, 2018
  • Net Profit
    $8.12 M (USD)
    98
    as on Dec 31, 2018
  • EBITDA
  • Total Equity Funding
    $400 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    988

    as on Oct 31, 2024

  • Investments & Acquisitions
    Acuris

    & 11 more

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Products & Services of ION Group

ION Group offers a comprehensive portfolio of products and services, including LatentZero Compliance, XTP Execution, Fidessa, and Reval. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for managing compliance in asset management.

Platform for executing cleared derivatives trades efficiently.

System for equities trading and order management.

Tool for accounting and risk management in treasury operations.

People of ION Group
Headcount 10000+
Employee Profiles 433
Employee Profiles
People
Steven Strange
Head Of Product, Asset Management
People
Elias Lambrianos
Managing Editor EMEA LCM
People
Santosh H Anand
ETRM Consultant
People
Bhumika Gavery
Project Manager

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Funding Insights of ION Group

ION Group has successfully raised a total of $400M across 5 strategic funding rounds. 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
  • Total Rounds 5
  • Last Round
  • First Round

    (09 Sep 2010)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Debt – Conventional - ION Group Valuation

investors

Nov, 2016 Amount Grant - ION Group Valuation

investors

May, 2016 Amount Private Equity Round - ION Group Valuation The Carlyle Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ION Group

ION Group has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, European Union and National Oceanic and Atmospheric Administration. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ION Group

ION Group has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Acuris, Allegro Development and Anvil.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Financial data products and analytics are provided for swap markets.
2012
Trading technology and services for order execution are provided.
2009
FX liquidity pools are accessed via a low-latency cloud platform.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ION Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ion Group Comparisons

Employees
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Competitors of ION Group

ION Group 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 GAIN Capital, IDnow, Socure, Jumio and Alloy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
White-label front-end trading solutions for capital markets are provided.
domain founded_year HQ Location
Automated and expert-led identity verification services are provided.
domain founded_year HQ Location
AI-based identity verification and fraud detection are provided.
domain founded_year HQ Location
AI-powered identity verification and fraud protection solutions are provided.
domain founded_year HQ Location
Identity decisioning platform is provided for banks and fintech firms.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ion Group

Frequently Asked Questions about ION Group

When was ION Group founded?

ION Group was founded in 1998 and raised its 1st funding round 12 years after it was founded.

Where is ION Group located?

ION Group is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of ION Group?

Andrea Pignataro is the current CEO of ION Group. They have also founded this company.

Is ION Group a funded company?

ION Group is a funded company, having raised a total of $400M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $400M, raised on Sep 09, 2010.

How many employees does ION Group have?

As of Oct 31, 2024, the latest employee count at ION Group is 988.

What is the annual revenue of ION Group?

Annual revenue of ION Group is $141.62M as on Dec 31, 2018.

What does ION Group do?

Founded in 1998, ION Group is based in New York, United States, within the financial technology sector. Treasury management solutions are delivered to banks and financial institutions, encompassing trading management suites, asset management tools, market-making capabilities, and pricing applications for capital markets. Corporates are supported through treasury and commodities management services, facilitating operational efficiency across global markets.

Who are the top competitors of ION Group?

ION Group's top competitors include IDnow, nCino and Craft.

What products or services does ION Group offer?

ION Group offers LatentZero Compliance, XTP Execution, Fidessa, and Reval.

How many acquisitions has ION Group made?

ION Group has made 12 acquisitions, including Acuris, Allegro Development, and Anvil.com.

Who are ION Group's investors?

ION Group has 3 investors. Key investors include The Carlyle Group, European Union, and National Oceanic and Atmospheric Administration.

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