LMAX Exchange

London, United Kingdom Founded: 2007 • Age: 19 yrs
Forex trading services are provided via an electronic exchange platform.
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About LMAX Exchange

LMAX Exchange is a company based in London (United Kingdom) founded in 2007.. LMAX Exchange has raised $300.09 million across 3 funding rounds from investors including SVB and J.C. Flowers. LMAX Exchange has completed 2 acquisitions, including CB Capital and FX HedgePool. LMAX Exchange offers products and services including LMAX Exchange, LMAX Global, and LMAX Digital. LMAX Exchange operates in a competitive market with competitors including BookMyForex, Travel Wallet, MultiPass, Finseta and Lumon, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lmax Broker Limited
  • Date of Incorporation 14 Jun, 2017
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $300.09 M (USD)

    in 3 rounds

  • Latest Funding Round
    $93.99 K (USD), Seed

    Feb 03, 2023

  • Investors
    SVB

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    CB Capital

    & 1 more

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Products & Services of LMAX Exchange

LMAX Exchange offers a comprehensive portfolio of products and services, including LMAX Exchange, LMAX Global, and LMAX Digital. 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

Platform for global foreign exchange and asset trading services.

Service for cryptocurrency and FX market access.

Platform focused on digital assets and exchange operations.

People of LMAX Exchange
Headcount 200-500
Employee Profiles 79
Employee Profiles
People
Chris Doneley
Senior Event Manager
People
Gavin Clark
Senior Quality Specialist
People
Bo Tan
Exchange Operations Analyst
People
Ilya Khazen
Director, Institutional Sales Americas

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Funding Insights of LMAX Exchange

LMAX Exchange has successfully raised a total of $300.09M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $93.99 thousand completed in February 2023. 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 3
  • Last Round Seed — $93,985
  • First Round

    (02 Dec 2020)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2023 Amount Seed - LMAX Exchange Valuation

investors

Jul, 2021 Amount Private Equity Round - LMAX Exchange Valuation

investors

Dec, 2020 Amount Debt – Conventional - LMAX Exchange Valuation

investors

SVB
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 LMAX Exchange

LMAX Exchange has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB and J.C. Flowers. 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 firm focused on financial services sector
Founded Year Domain Location
Banking services are provided to innovative companies, investors, and individuals.
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 LMAX Exchange

LMAX Exchange has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CB Capital and FX HedgePool. 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
Execution management solutions for forex swaps
2018
Financial advisory services are provided to clients by CB Capital.
2016
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 - LMAX Exchange

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

Lmax Exchange Comparisons

Employees
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Competitors of LMAX Exchange

LMAX Exchange 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 BookMyForex, Travel Wallet, MultiPass, Finseta and Lumon, 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
Online foreign exchange and remittance services are facilitated in India.
domain founded_year HQ Location
Mobile platform for Asian currency exchange and payments is offered.
domain founded_year HQ Location
Cross-border payment solution for businesses
domain founded_year HQ Location
Multi-currency accounts and international payment solutions are offered by Finseta.
domain founded_year HQ Location
Online currency exchange and money transfers are facilitated.
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 Lmax Exchange

Lavigne joins LMAX Exchange
Assetservicingtimes11 months ago

Frequently Asked Questions about LMAX Exchange

When was LMAX Exchange founded?

LMAX Exchange was founded in 2007 and raised its 1st funding round 13 years after it was founded.

Where is LMAX Exchange located?

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

Who is the current CEO of LMAX Exchange?

David Mercer is the current CEO of LMAX Exchange.

Is LMAX Exchange a funded company?

LMAX Exchange is a funded company, having raised a total of $300.09M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $53.51M, raised on Dec 02, 2020.

What does LMAX Exchange do?

LMAX Exchange was established in 2007 in London, United Kingdom, as a venue for foreign exchange trading. Operations are centered on an electronic platform that supports institutional liquidity in the forex market. Services include execution of FX trades, order matching, and risk management tools. The firm is regulated in the UK and focuses on transparent, low-latency trading for global participants.

Who are the top competitors of LMAX Exchange?

LMAX Exchange's top competitors include BookMyForex, Travel Wallet and WSFx Global Pay.

What products or services does LMAX Exchange offer?

LMAX Exchange offers LMAX Exchange, LMAX Global, and LMAX Digital.

How many acquisitions has LMAX Exchange made?

LMAX Exchange has made 2 acquisitions, including CB Capital, and FX HedgePool.

Who are LMAX Exchange's investors?

LMAX Exchange has 2 investors. Key investors include SVB, and J.C. Flowers.

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