United Fintech Acquires 25% Stake in FairXchange

Christian Frahm’s latest venture, United Fintech has purchased a 25 percent stake in London-based FairXchange, thus making its third acquisition since the launch. However, the amount involved in the transaction was not disclosed.

FairXchange provides tools for microstructural analysis to financial market participants, bringing clarity and transparency to Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term performance and facilitating data-driven dialog between counterparties.

“FairXchange’s business critical data-driven product, Horizon, is already being used by an extensive client base including a number of global financial institutions, and with the onboarding to United Fintech’s platform, we look forward to enabling FairXchange to continue its growth journey and scale with us,” Frahm, the CEO at United Fintech, said.

Scaling Fintech Startups

The acquisition came as a part of United Fintech’s strategy to acquire stakes in fintech startups and then help them to scale up. Although, the latest acquisition will not impact everyday business for FairXchange’s clients or employees.

Most recently, FairXchange inked deals with 24 Exchange and Deutsche Börse’s 360T for providing independent execution Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term, Finance Magnates reported.

Frahm added: “As United Fintech will onboard the Company’s clients and FairXchange will get an opportunity to grow within our clientele, this is a mutual win for both parties and a milestone for United Fintech, completing its third transaction in just one year.”

United Fintech officially came into existence in November last year. Since then, it has acquired stakes in a Danish fintech, NetDania, and a German fintech, TTMzero. Furthermore, the company made several key hires, thus significantly expanding its team.

“FairXchange has seen rapid, exciting growth in recent years; however we are still a small team and as we scale up we recognise the importance of choosing the right partner to help us accelerate that growth,” said United Fintech’s Guy Hopkins.

“From the first conversation, we knew United Fintech was the perfect fit; a compelling vision, an innovative business model and a very impressive management team with deep expertise in financial markets.”