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Spark Systems Pte Ltd

Spark Systems Pte Ltd

Private

Last Round

Series C

Oct 8, 2024

Est. Valuation

$70.5M

Total Funding Raised

$30.2M

Company Overview

Spark Systems Pte Ltd is a fintech company that provides ultra-low latency foreign exchange trading platforms for banks, hedge funds, and other financial institutions.

Sector

FinTech

Verticals

Foreign Exchange, Financial Data, Investment Platforms

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

foreign exchangeFXlow-latency tradingliquidity aggregationtrading infrastructureeFXinstitutional tradingtrade executionalgorithmic tradingtrading platformmarket connectivitywhite-label tradingfintech infrastructureusage-based billinghft

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Spark Systems Pte Ltd Comps

Public and private peers based on sector, stage, and business model.

Spark Systems Pte Ltd comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Spark Systems Pte Ltd Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series COct 8, 2024
Series BMay 15, 2020
Series AJul 1, 2017
SeedDec 1, 2016
GrantSep 1, 2016

Key People

Founding team and executive leadership

Joo Seng Wong

Chief Executive Officer, Co-Founder & Chief Executive Officer

Founding Team

Shi Mei Chin

Chief Financial Officer

Executive Team

Chaitanya Peddada

Chief Operating Officer

Executive Team

Spark Systems Pte Ltd Investors

Notable investors and investment history

Spark Systems Pte Ltd investors
InvestorRounds
Goldman Sachs (Asia) LLCSeries B
Integra PartnersSeries B, Series A
ATFXSeries C
Dymon Asia CapitalSeries B, Series A
FengHe Fund ManagementSeries B, Series A
OSK Ventures International BerhadSeries B
Vickers Venture PartnersSeries B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 8, 2024

    Led by ATFX with participation from Citigroup and HSBC.

  • Sep 1, 2016

    Received grant funding from the Monetary Authority of Singapore.

Spark Systems Pte Ltd Filings

SEC and related filings with document metadata.

Data table
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Spark Systems Pte Ltd Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Spark Systems Pte Ltd's valuation, stock price, and market status.

Firmographic Details

HeadquartersSingapore
Employee Range64
Year Founded2016
Last FundingOct 8, 2024

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