October 12, 2021 - Financial technology company and electronic credit trading platform Trumid has announced the completion of a new $208 million financing led by Point Break Capital Management, a private investment firm with significant experience and relationships in global financial markets and deep roots in Latin America.
Motive Partners, a specialist private equity firm focused on financial technology investments, participated as a significant investor in the round. They were joined by Senator Investment Group, Phase2 Partners and existing investors including Dragoneer Investment Group, TPG, DST Global, Singapore Exchange (SGX), and funds and accounts managed by BlackRock and T. Rowe Price Associates, Inc.
Trumid currently counts 539 buy-side and sell-side institutions on its corporate bond trading network.
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