SVB Financial Group invests in TickTrade Systems
Parent company of Silicon Valley Bank partners Toronto-based fintech to bolster FX offering
The parent company of Silicon Valley Bank has invested an undisclosed sum of money into TickTrade Systems, a Toronto-based financial technology firm, to help the bank strengthen its foreign exchange services.
The move is in response to clients’ requests to connect to multi-dealer platforms that would, in turn, open up access to a broader pool of liquidity and help enhance currency risk management as they grow.
SVB has a client base among small start-ups and corporates in the technology and
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