Carta Revenue, Valuation, Funding & Investors

Shenzhen Fortune Trend Technology Co Ltd is engaged in research and development of securities analysis systems and computer communication systems. It provides securities investment analysis system for securities institutions and investors under the brand Tongdaxin. Tongdaxin's well-known online trading products are: China Merchants Securities Zhiyuan One Account, Guoxin Securities Golden Sun Edition, CITIC Securities Zhixin All-rounder, GF Securities Financial Terminal, Galaxy Securities Neptune, Guotai Junan Securities Fuyi, among others.

TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy, and commodities products. Its role includes creating liquidity and price discovery in markets and providing insight and context to the clients. The company provides proprietary over-the-counter ('OTC') pricing information in the world with the data on financial, energy, and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers, and charities. The company's segments include Global Broking which generates key revenue, Energy & Commodities, Liquidnet, Parameta Solutions, and Corporate.

Hithink RoyalFlush Information Network Co Ltd is engaged in providing Internet financial information services and online financial software. The company's business includes an online market trading system, mobile financial information service, fund sales, financial big data processing, and cloud services. It serves individuals, brokers, funds, private placements, banks, insurance, government, and research Institutional clients.

StashAway is a Singapore-headquartered digital wealth manager using its proprietary ERAA framework for risk-managed portfolios across stocks, bonds, and alternatives. Available in Singapore, Malaysia, and Hong Kong since 2016, it serves retail investors with automated rebalancing to adapt to economic regimes. The platform manages multi-asset strategies including ESG funds and fixed-income products.

Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in US and European government debt, mortgage-backed securities, interest-rate swaps, and US and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv’s Eikon service.

MX Technologies is a Lehi, Utah-headquartered fintech company founded in 2010 that aggregates, enhances, analyzes, presents, and acts on financial data for banks, credit unions, and fintech providers. It offers data aggregation, cleansing, auto-categorization, classification, money management tools, custom APIs, data analytics, marketing services, and user interfaces. The company supports online and mobile banking applications through partnerships with financial institutions across the United States.

Esusu is a New York-headquartered financial technology company founded in 2016 that reports renters' on-time payments to major credit bureaus like Equifax, Experian, and TransUnion. Property owners leverage its analytics dashboard to screen tenants, forecast cash flow, and lower eviction rates by up to 60 percent through improved tenant selection. The platform processes rent data from over 2 million units across the United States, partnering with large multifamily operators such as Related Companies and Greystar. Esusu also offers financial literacy tools and emergency rent relief programs to support low-income households.

iCapital is a New York-headquartered financial technology company whose platform lets wealth managers, banks and their high-net-worth clients invest in alternative assets such as private equity, private credit, hedge funds, structured investments and annuities. Its software and services cover fund subscription, administration and reporting, feeder funds with lower minimums, advisor education, compliance, portfolio analytics and white-label marketplaces run for banks and asset managers. In July 2025 it reported US$945 billion of assets serviced globally, including US$257 billion of alternative platform assets, for more than 3,000 wealth management firms and over 750 product providers, with 1,875 employees across 16 offices. The company earns technology, administration and platform fees and has grown through more than 20 acquisitions, including the alternative investment feeder fund businesses of Bank of America, Wells Fargo and Citigroup. Its shareholders include BlackRock, Blackstone, Temasek, UBS, BNY and State Street, and a round of more than US$820 million co-led by T. Rowe Price and SurgoCap Partners in July 2025 valued it above US$7.5 billion. iCapital was founded in 2013 and is led by chief executive Lawrence Calcano.

XP Investimentos is a Brazilian financial services group and investment platform founded in 2001 by Guilherme Benchimol and Marcelo Maisonnave and headquartered in Sao Paulo. It began as an independent brokerage that trained investors and distributed financial products through independent advisers, and it is now listed on the Nasdaq through XP Inc. with Brazilian depositary receipts on B3. The group offers brokerage, fixed income, equities, investment funds, private pension and other products on an open platform, with the Clear and Rico brands. It reported more than 3 million active clients and more than USD 130 billion in custody. From 2021 it bought minority stakes in independent asset managers and research houses and acquired Banco Modal in 2022.

Allfunds is a fund distribution platform connecting fund houses and distributors, creating a single access point for both sides to gain a wider reach with regard to assets under administration and fund variety, respectively. As of 2024, Allfunds had EUR 1.6 trillion in assets under administration stemming from about 860 distributors on its platform. In return, distributors gained access to about 156,000 funds from 3,300 different fund houses. Allfunds also provides ancillary services to both fund houses and distributors, covering the marketing, distribution, legal, regulatory, as well as data and analytics needs arising in the fund distribution space. Allfunds derives the majority of its revenue from Italy, Spain, and France.

Nordnet AB (publ) is a digital platform for savings and investments in the Nordics. The company operates in Sweden, Norway, Denmark and Finland. Its purpose is to democratize savings and investments. It provides trading in a large number of equities, funds, and other types of securities from several markets at a low price, as well as pension savings without fixed fees. The firm also offers margin loans, private loans, and mortgages. There are a number of user-interfaces to choose from, such as web, app, or more trading applications. Digital financial guidance tools are offered to customers who want help and inspiration with their savings. It also operates the widely used social investment network in the Nordics, Shareville.

StoneX Group Inc is a brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: Commercial, Institutional, Self-Directed/Retail, and Payments. Its customers include governmental and nongovernmental organizations, commercial banks, brokers, institutional investors, and investment banks. The company operates in the United States, South America, Europe, the Middle East and Asia, and other countries, out of which the majority of revenue is generated from the Middle East and Asia Region.

Swissquote Group Holding SA is engaged in providing online financial and trading services. It provides a comprehensive suite of online financial services to a broad spectrum of customers, ranging from retail investors, affluent investors to professional and institutional customers. The Group operates through Swissquote Bank Ltd and globally under the Swissquote brand. It has two segments namely the Securities trading and the Leveraged forex. The Group’s revenues are mainly generated by a transaction fee for each transaction. Swissquote’s core competencies include stock market trading, trading and custody of crypto assets, Forex trading and the Robo-Advisor solution. In addition, Swissquote is active in the payment card, mortgage and leasing markets.

Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

Wealthsimple is a Toronto-headquartered Canadian financial technology company that offers investing, trading, banking and tax products through its mobile and web apps. Its managed investing service builds low-fee portfolios of exchange-traded funds, while its self-directed platform offers commission-free trading of stocks and ETFs and regulated crypto trading, alongside a chequing account with no monthly, foreign exchange or ATM withdrawal fees and a tax-filing service. The company serves retail clients across Canada and earns fees on managed assets and trading services as well as income on client cash. It reached C$50 billion in assets under administration in 2024, doubled that to about C$100 billion by October 2025, and has been profitable since 2024. In October 2025 it announced an equity round of up to C$750 million at a C$10 billion post-money valuation, co-led by Dragoneer and GIC. Power Corporation of Canada is its controlling shareholder with a 52.4% stake held through Power Financial, IGM Financial and Portage Ventures. Wealthsimple was founded in September 2014 by Michael Katchen, Brett Huneycutt and Rudy Adler.

BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities markets. Its service and product offerings include brokerage for a wide range of financial products, including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.

IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.

XTB SA is engaged in brokerage activities. It is a Polish broker from the fintech sector, providing products and services dedicated to active investing, saving, and virtual payment management. The Group conducts its operations through two business segments: the Retail segment includes the provision of trading in financial instruments for individual customers; the Institutional segment includes the provision of trading in financial instruments and offering trade infrastructure to entities (institutions), which in turn provide services of trading in financial instruments for their customers under their brand. It derives maximum revenue from the Retail segment. Geographically, the Group derives its key revenue from Europe, and also has a presence in Latin America and the Middle East.