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OpenFin's mission is to provide a unifying foundation for the next generation of financial industry applications.
6% employee growth in 12 months
OpenFin’s goal has always been to improve workflow optimization in the financial industry, with a focus on promoting systems interoperability and native experience. The OS includes intelligent full-service workspaces, and a developer platform including APIs to build native web apps.
Over the past decade OpenFin has been adopted by major finance players like Goldman Sachs, HSBC, J.P. Morgan, and Wells Fargo. Then OpenFin cemented this market-leading position by launching the FDC3 industry standard for desktop interoperability in 2017, which has since seen widespread adoption. Along with OpenFin’s impressive client base, it’s made the company an authoritative body in fintech.
This will continue to help OpenFin secure the top spot as the industry develops. With digital transformation creating further workflow complexities, interoperability and scalability are more important than ever. OpenFin’s focus here means it’s already tempting new clients from growing and complex fintech spaces like FX trading. It seems likely that even more major players will follow suit, especially since OpenFin's 2023 Series D funding which is being channelled into helping the financial industry adopt OpenFin OS. The latter platform is already used by 3800 financial bodies in more than 60 countries.
Kirsty
Company Specialist at Welcome to the Jungle
May 2023
$35m
SERIES D
Nov 2022
$10m
LATE VC
This company has top investors
Mazy Dar
(CEO)Previously a programmer with UBS, who subsequently worked as chief strategy officer with Creditex Group. Just prior to OpenFin, was VP of CDS marketing and strategy with IntercontinentalExchange.
Chuck Doerr
(President/CIO)Previously CTO of Creditex International, and served a spell as VP of credit derivatives technology at IntercontinentalExchange.