Trumid Financial secures $200M in latest funding round

2013
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The CEO of Trumid, Ronnie Mateo, said in statement, “Our investors are established experts in both technology and capital markets. They have deep experience working with companies like Trumid to realize the full scope of our vision. We’re thrilled to have them on our team.”

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Trumid has differentiated itself by collaborating with market participants to create innovative trading solutions. Since Trumid’s Attributed Trading (AT) protocol launched a year ago, it has established a dominant position in dealer streaming and bilateral dealer-client trading.

Trumid’s Market Center platform receives over 10,000 bonds streamed daily. Over 370 users from the sell-side and buy-side have transacted next to each other with the AT protocol. Trumid is changing fintech with its “all-to-all” platform by allowing buy-side and sell-side users to work with each other securely. 

Trumid describes itself as “a revolutionary electronic trading marketplace for corporate bonds.” But they have seasoned traders on board and deep relationships that have helped them to develop a strong community. The team devotes itself to real liquidity and open access.