QFEX

Investor: Y Combinator

QFEX, an innovative global trading exchange startup founded by Cambridge mathematics graduates, has successfully secured £7 million ($9.5 million) in seed funding. The investment round values the fintech company at $95 million (£71 million). Summary of transaction details: Value: £7 million ($9.5 million). Sector: FinTech / Trading Exchange. Advisor: Not disclosed. Key Entities: Target: QFEX; Lead Investor: General Catalyst; Additional Investors: Nexus Venture Partners, Y Combinator, and Paul Graham. Location: Cambridge (origin). Note: This seed investment will empower QFEX to build the first financial exchange offering perpetual futures natively built for traditional assets. By enabling 24/7 trading, high leverage, and direct investor-to-investor access without brokers, the platform aims to disrupt the conventional $100 billion exchange and clearing industry.