When was MillTechFX founded?

MillTechFX was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is MillTechFX located?

MillTechFX is headquartered in London, United Kingdom. It is registered at 33 King Street, London, United Kingdom, SW1Y 6RJ.

How many employees does MillTechFX have?

As of May 31, 2026, the latest employee count at MillTechFX is 96.

Is MillTechFX a funded company?

MillTechFX is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Jun 29, 2021.

When was the latest funding round of MillTechFX?

MillTechFX's latest funding was a $***** Series B round on Jun 29, 2021, with participation from 1 investor.

What is the annual revenue of MillTechFX?

Annual revenue of MillTechFX is £0 as on Dec 31, 2020.

Where does MillTechFX rank among its competitors?

MillTechFX ranks 1st amongst 3 active competitors, only 1 of which is funded. MillTechFX, which secured $30M in Jun, 2021.

Who are the top competitors of MillTechFX?

MillTechFX's top competitors include FXCubic, Alburys Financials Ltd and Blue Capital Trading. Among them, MillTechFX secured the most recent funding round in June, 2021.

MillTechFX - 2026 Company Profile, Team, Funding, Competitors & Financials

MillTechFX is a series B company based in London (United Kingdom), founded in 2019. It operates as a Provider of outsourced multi-bank FX execution and hedging services. MillTechFX has raised $30M in funding. The company has 3 active competitors, including 1 funded and 1 that has exited. Its top competitors are FXCubic, Alburys Financials Ltd and Blue Capital Trading.

Company Details

Provider of outsourced multi-bank FX execution and hedging services. It provides advanced FX and cash management solutions to increase market access, reduce costs and automate manual workflows. With a focus on automation, integration and connectivity. It offers access to a marketplace of multiple counterparty banks, enabling clients to achieve best execution. The service includes end-to-end transaction management, automated settlement, trade reporting, and margin-free hedging solutions.

Website: milltechfx.com
Email ID: *****@milltechfx.com
Phone Number: +44 **********
Registered Address: 33 King Street, London, United Kingdom, SW1Y 6RJ

Key Metrics

Founded Year

2019

Location

London, United Kingdom

Stage

Series B

Total Funding

$30M in 1 round

Latest Funding Round

Series B, Jun 29, 2021, $*****

Investors

VCM Global Asset Management & 1 more

Ranked

1^st among 3 active competitors

Annual Revenue

£0 as on Dec 31, 2020

Employee Count

96 as on May 31, 2026

Similar Companies

BingX & 26 more

View MillTechFX's full profile

MillTechFX is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MILLENNIUM GLOBAL TREASURY SERVICES LIMITED CIN: 11790385 , United Kingdom, Active	Jan 27, 2019	$0 (As on Dec 31, 2020)	14 (As on Dec 31, 2020)

MillTechFX has raised a total funding of $30M over 1 round. Its latest funding round was a Series B round on Jun 29, 2021 for $*****. 1 investor participated in its latest round. MillTechFX has 2 institutional investors.

Here is the list of recent funding rounds of MillTechFX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 29, 2021	4995997	Series B	1325825	2826682	2818164	5074950

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MillTechFX's employee count trend

MillTechFX has 96 employees as of May 26. Here is MillTechFX's employee count trend over the years:

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Top competitors of MillTechFX include FXCubic, Alburys Financials Ltd and Blue Capital Trading. Here is the list of Top 10 competitors of MillTechFX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MillTechFX 2019, London (United Kingdom), Series B	Provider of outsourced multi-bank FX execution and hedging services	$30M	VCM Global Asset Management, Monaco Street	45/100
2nd	FXCubic 2016, London (United Kingdom), Acquired	Trade lifecycle management solutions for brokers	-	e2vc	43/100
3rd	Alburys Financials Ltd 2019, London (United Kingdom), Deadpooled	Alternative trading solution for individuals and businesses	-	-	15/100
4th	Blue Capital Trading 2020, London (United Kingdom), Unfunded	Alternative trading platform for multiple assets	-	-	15/100