When was ION Group founded?

ION Group was founded in 1998 and raised its 1st funding round 12 years after it was founded.

Where is ION Group located?

ION Group is headquartered in London, United Kingdom. It is registered at Uniondale, New York.

Who is the current CEO of ION Group?

Andrea Pignataro of ION Group. They have also founded 1 company.

How many employees does ION Group have?

As of May 31, 2026, the latest employee count at ION Group is 5593.

Is ION Group a funded company?

ION Group is a funded company, having raised a total of $400M across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 09, 2010.

When was the latest funding round of ION Group?

ION Group's latest funding was a $***** Conventional Debt round on Jul 2019, with participation from 0 investor.

What is the annual revenue of ION Group?

Annual revenue of ION Group is between £1M and £10M as on Dec 31, 2018

Where does ION Group rank among its competitors?

ION Group ranks 12th amongst 1384 active competitors, of which 215 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Upvest, which secured $90M in Mar, 2026.

Who are the top competitors of ION Group?

ION Group's top competitors include KFin Technologies, Idfy and Jumio. Among them, Upvest secured the most recent funding round in March, 2026.

ION Group - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Treasury management solutions for financial institutions and banks. It offers solutions that include a trading management suite, asset management, market-making, pricing application for capital markets, and more. It also provides corporates with solutions for treasury and commodities management.

Website: iongroup.com
Social
Phone Number: +1 **********
Part Of
Registered Address: Uniondale, New York

Key Metrics

Founded Year

1998

Location

London, United Kingdom

Stage

Late Stage

Total Funding

$400M in 6 rounds

Latest Funding Round

Conventional Debt, Jul 2019, $*****

Investors

The Carlyle Group & 4 more

Ranked

12^th among 1384 active competitors

Annual Revenue

£1M - £10M as on Dec 31, 2018

Employee Count

5,593 as on May 31, 2026

Investment & Acquisitions

Eleos Health & 19 more

Similar Companies

KFin Technologies & 1485 more

View ION Group's full profile

ION Group is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ION TRADING INDIA PRIVATE LIMITED CIN: U72200DL2003PTC121780 , India, Active	Aug 14, 2003	₹100 - ₹500 Cr (As on Mar 31, 2023)	1208 (As on Feb 01, 2026)
ION TRADING UK LIMITED CIN: 3261502 , Germany, Active	Dec 31, 1995	£100M - £500M (As on Dec 31, 2022)	219 (As on Dec 31, 2021)
TRIPLE POINT TECHNOLOGY (INDIA) PRIVATE LIMITED CIN: U72200PN2003PTC017808 , India, Active	Mar 25, 2003	₹100 - ₹500 Cr (As on Mar 31, 2024)	212 (As on Mar 31, 2024)
ION TRADING, INC. CIN: 363080374 , United States, Active	Dec 31, 1999	-	1280 (As on Dec 31, 2024)	-
MERGERMARKET LIMITED CIN: 3879547 , Germany, Active	Nov 17, 1999	£1M - £10M (As on Dec 31, 2018)	220 (As on Dec 31, 2021)
OPEN LINK FINANCIAL LLC CIN: 113125557 , United States, Active	Dec 26, 999	-	379 (As on Dec 31, 2019)	-

ION Group has raised a total funding of $400M over 6 rounds. Its first funding round was on Sep 09, 2010. ION Group has 5 institutional investors.

Here is the list of recent funding rounds of ION Group:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 2019	4591743	Conventional Debt	8224933	9910425	9298357	5295078
Nov 01, 2016	4049586	Grant (prize money)	5499267	2389923	5694086	Europa
May 31, 2016	2130608	PE	6291021	7972758	The Carlyle Group	7177931

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View details of ION Group's funding rounds and investors

The founders of ION Group are Andrea Pignataro and Mark Zod. Andrea Pignataro is the CEO of ION Group.

Here are the details of ION Group's key team members:

Andrea Pignataro: Founder & CEO of ION Group. They serve on the boards of 2 companies.
Contact Info: 1 email address
Mark Zod: Founder, CTO of ION Group and founder of 1 other company.

ION Group's Board of Directors

ION Group's board has 5 active members. Andrea Pignataro and Patrick Walsh are part of team and Conor Clinch, Renee Jo James and Linda Szabat Sanford are independent board members.

Here is the list of ION Group's board of directors:

Name	Type	Representing	Status	Duration
Andrea Pignataro	Team	-	Current	-
amtbjtv	Team	-	Current	8y 5m
Conor Clinch	Independent board member	-	Current	-
{vzjthv	Independent board member	-	Current	6y 2m
fvqahtl	Independent board member	-	Current	9y 9m

View details of ION Group's Founder profiles and Board Members

ION Group's employee count trend

ION Group has 5,593 employees as of May 26. Here is ION Group's employee count trend over the years:

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Top competitors of ION Group include KFin Technologies, Idfy and Jumio. Here is the list of Top 10 competitors of ION Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	KFin Technologies 2017, Hyderabad (India), Public	App-based platform for investments in mutual funds	$42.1M	Kotak Mahindra Bank, Compar Estates and Agencies ... & 11 others	76/100
2nd	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$62.7M	Blume Venture, New Enterprise Associates ... & 40 others	75/100
3rd	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Great Hill Partners, Millennium Technology Value Partners ... & 10 others	74/100
4th	WorkFusion 2010, New York City (United States), Acquired	Provider of robotic process automation and chatbot solutions to automate work processes	$411M	Georgian, Greycroft & 23 others	71/100
5th	Vestmark 2001, Wakefield (United States), Series C	Trade management solutions for capital market brokers	$64.2M	Summit Partners, Hub Angels & 6 others	70/100
6th	Upvest 2017, Berlin (Germany), Series C	Trade management suite for fiat and digital assets	$287M	Sapphire Ventures, HV Capital & 16 others	69/100
7th	Cashfree Payments 2015, Bengaluru (India), Series C	Provider of payment gateway and payouts, and identity verification services	$100M	SBI, Apis Partners & 15 others	69/100
8th	Encompass 2011, Sydney (Australia), Series B	Provider of automated software for corporate identity and compliance verification	$203M	BNP Paribas, Perennial & 27 others	69/100
9th	HyperVerge 2014, Bengaluru (India), Seed	Provider of end-to-end KYC software and identity verification solutions	$1M	New Enterprise Associates, Milliways Ventures ... & 5 others	68/100
10th	Synctera 2019, San Francisco (United States), Series A	Provider of a platform for building and managing financial products	$95.2M	Lightspeed Venture Partners, Fin Capital ... & 32 others	68/100
12th	ION Group 1998, London (United Kingdom), Late Stage	Treasury management solutions for financial institutions and banks	$400M	The Carlyle Group, Consilium SGR & 3 others	66/100

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ION Group has made 4 investments in companies including Eleos Health and Eleos Health. ION Group has also acquired 16 companies including Prelios and Clarus.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 22, 2025	Investments	Eleos Health	2019	Boston (United States)
Nov 08, 2023	Investments	Eleos Health	2019	Boston (United States)
Aug 11, 2023	Acquisition	Prelios	2003	Milan (Italy)