Nex

London, United Kingdom Founded: 1999 • Age: 27 yrs Acquired By CME Group
VC firm investing in early-stage fintech startups
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About Nex

Nex is a company based in London (United Kingdom) founded in 1999 by Michael Spencer was acquired by CME Group in March 2018.. The company has 117 employees as of December 31, 2021.

  • Headquarter London, United Kingdom
  • Employees 117 as on 31 Dec, 2021
  • Founders Michael Spencer
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    117

    as on Dec 31, 2021

  • Acquired by
    CME Group

    (Mar 29, 2018)

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People of Nex
Headcount 1000-5000
Employee Profiles 512
Employee Profiles
People
Adrian Callinan
Senior Director Energy Products
People
Terrence A. Duffy
Chairman & CEO
People
Leslie Nolan
Executive Director
People
Sam Hart
Senior Delivery Risk & Systems Associate

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Funding Insights of Nex

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 Nex

Nex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CME Group. 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
Institutional
Investor Description Founded Year Domain Location
Online trading and financial data exchange marketplace for capital assets
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 Nex

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

Financial Statements - Nex

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

Nex Comparisons

Employees
+
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Competitors of Nex

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 Nex

Frequently Asked Questions about Nex

When was Nex founded?

Nex was founded in 1999.

Where is Nex located?

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

Who is the current CEO of Nex?

Michael Spencer is the current CEO of Nex. They have also founded this company.

How many employees does Nex have?

As of Dec 31, 2021, the latest employee count at Nex is 117.

What does Nex do?

NEX was established in 1999 in London, United Kingdom, as a venture capital firm. Investments are directed toward early-stage startups in the fintech sector. Operations involve funding and supporting innovative financial technology ventures. The firm is led by Michael Spencer in the role of Founder and CEO. Focus remains on the European market with an emphasis on scalable fintech solutions.

Who are Nex's investors?

Nex has 1 investor. Key investors include CME Group.

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