The US bank has led a US$5m series A funding round to drive the index provider’s international expansion and accelerate platform development.
MerQube has completed a Series A funding round led by J.P. Morgan alongside venture investing firm ThirdStream Partners, hedge fund managers Benjamin Smith and Sheehan Maduraperuma, co-founders of Laurion Capital Management, and several other financial market professionals. “As we build our platform, we have started to get traction with clients that believe in our vision,” Vinit Srivastava (pictured) , CEO at MerQube, told SRP. “It is very important for a new business to have
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