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Tradeteq

Software for trade finance distribution and investment

Tradeteq logo
21-100 employees
  • Fintech
  • B2B
  • Investing
  • Trading
  • SaaS
  • Blockchain
City of London, London, UK

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Company mission

Tradeteq's mission is to reduce corporate credit and trade finance transaction costs through cutting-edge trading automation technology.

Our take

Despite setting up their own successful trade finance-focused asset manager Thames Path Capital in 2016, Tradeteq’s founders repeatedly faced market gaps blocking wider distribution: appropriate technology infrastructure, transparency, and standardisation.

The startup has had great success through its strategy of automating compliance on behalf of its customers. In particular, by using Artificial Intelligence, Tradeteq is able to uniquely identify and repackage complicated trade finance products into standardised investments.

Now the FinTech is looking to incorporate another major trend in global markets - decentralised finance. It will soon launch a decentralised trade finance distribution product leveraging NFTs.

However, the company will likely face stiff competition from rival venture-backed trade finance startups like Contour, which is building its product on blockchain technology from the ground up.

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Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Pension
  • Choose your own computer
  • Discounts and rewards from gym memberships to everyday shopping
  • Flexible holiday and working from home policies
  • Healthcare including dental
  • Cycle to Work scheme & bike storage and shower facilities
  • Free Friday lunches
  • Casual working environment
  • Allocated training budgets for every employee

Funding (last 2 of 4 rounds)

Sep 2023

$12.5m

SERIES A

Mar 2022

$4.2m

SERIES A

Total funding: $32.4m

Leadership

Christoph Gugelmann

(CEO)

Previously a portfolio manager at the Trafigura-owned Galena Asset Management in Geneva. Prior to that, a managing director at Bank of America Merrill Lynch where he headed all public and private side market solutions teams for Europe, Middle East and Africa. Also held various management positions at Goldman Sachs and Morgan Stanley in London, Frankfurt, and New York.

Nils Behling

(CFO)

Worked with bank clients and real money investors at Merrill Lynch. As a portfolio manager for Trafigura, and later as a Managing Partner with Thames Path Capital, Nils was exposed to Trade Finance assets. Started his career as a restructuring attorney with Weil, Gotshal & Manges working on cross-border debt advisory.