MillTechFX

London, United Kingdom Founded: 2019 • Age: 7 yrs
Provider of outsourced multi-bank FX execution and hedging services
Annual revenue - Latest available
Total funding $30.0M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 4 Brand Intelligence

About MillTechFX

MillTechFX is a company based in London (United Kingdom) founded in 2019. MillTechFX has raised $30 million across 1 funding round from investors including VCM Global Asset Management. MillTechFX offers products and services including Best Execution, Multi-bank Marketplace, Outsourced Execution Services, and Margin-free Hedging. MillTechFX operates in a competitive market with competitors including FXCubic, Blue Capital Trading and Alburys Financials Ltd, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Financial Services
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Millennium Global Treasury Services Limited
  • Date of Incorporation 28 Jan, 2019
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $30 M (USD)

    in 1 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jun 29, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of MillTechFX

MillTechFX offers a comprehensive portfolio of products and services, including Best Execution, Multi-bank Marketplace, Outsourced Execution Services, and Margin-free Hedging.

Product name locked
Category locked
Primary

Service to achieve best available FX rates from banks

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Platform for accessing preferential FX rates and transactions

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End-to-end FX process management for clients

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Hedging solutions to reduce cash-drag on FX forwards

People of MillTechFX

Headcount 50-200
Employee Profiles 28
Board Members and Advisors 8
Employee Profiles
People
Joe McKenna
Head of Institutional Solutions
People
Eric Huttman
CEO
People
James Hull
COO
People
Bruno Delacave
CFO

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Board Members and Advisors
people
Michael D. Huttman
Chairman
people
Maria Gibson-Stark
Board Member
people
Philip J. Facchina
Board Member
people
Gal Hochberg
Non-Executive Board Member

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Funding Insights of MillTechFX

MillTechFX has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series B round of $30 million completed in June 2021. 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 MillTechFX

MillTechFX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include VCM Global Asset Management.

All
Venture Fund
Investor Description Founded Year Domain Location
Alternative investments are managed by VCM Global Asset Management.
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Investor details for MillTechFX

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Investments & Acquisitions by MillTechFX

Investments
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Investment portfolio details for MillTechFX

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  • Transaction dates
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Financial Statements - MillTechFX

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Detailed financials for MillTechFX

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Milltechfx Comparisons

MillTechFX Primary company
Description
Provider of outsourced multi-bank FX execution and hedging s...
Location
London, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MillTechFX

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Competitors of MillTechFX

MillTechFX 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 FXCubic, Blue Capital Trading and Alburys Financials Ltd, among others.

Company Name Domain Founded year HQ Location Description
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Trade lifecycle management solutions are offered to brokers.
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Offers algorithmic trading software, coaching, and custom development for professional traders.
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Provides alternative trading solutions for individuals and businesses.
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Detailed competitors of MillTechFX

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Latest news on Milltechfx

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Complete news archive for MillTechFX

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Frequently Asked Questions about MillTechFX

MillTechFX was founded in 2019 and raised its 1st funding round 2 years after it was founded.

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

Eric Huttman is the current CEO of MillTechFX.

MillTechFX is a funded company, having raised a total of $30M across 1 funding round to date.

Provider of outsourced multi-bank FX execution and hedging services. It offers access to a marketplace of multiple counterparty banks, enabling clients to achieve best execution. The service includes end-to-end transaction management, automated settlement, trade reporting, and margin-free hedging solutions. Third-party transaction cost analysis is also provided for complete transparency. The platform streamlines operational workflows and is designed for ease of use and cybersecurity.

MillTechFX's top competitors include FXCubic, Blue Capital Trading and Alburys Financials Ltd.

MillTechFX offers Best Execution, Multi-bank Marketplace, Outsourced Execution Services, and Margin-free Hedging.

MillTechFX has 1 investor. Key investors include VCM Global Asset Management.

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