Where is Phlo located?

Phlo is headquartered in London, United Kingdom. It is registered at PHLO SYSTEMS, 3RD FLOOR THE NEWS BUILDING,3 LONDON BRIDGE ST,LONDON,ENGLAND,SE1 9SG.

Which legal entities is Phlo associated with?

Phlo is associated with PHLO SYSTEMS LIMITED and 1 other.

How many employees does Phlo have?

As of Mar 31, 2026, the latest employee count at Phlo is 35.

Is Phlo a funded company?

Phlo is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Phlo rank among its competitors?

Phlo ranks 83rd amongst 571 active competitors, of which 33 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Cicada, which secured $13.5M in Dec, 2025.

Who are the top competitors of Phlo?

Phlo's top competitors include Lemon Markets, XTX Markets and GAIN Capital. Among them, Cicada secured the most recent funding round in December, 2025.

Phlo - 2026 Company Profile, Team, Funding & Competitors

Phlo is a funded company based in London (United Kingdom), founded in 2016 by Khai Vualnam and Saurabh Goyal. It operates as an End to End trade finance platform. The company has 571 active competitors, including 33 funded and 36 that have exited. Its top competitors include companies like Lemon Markets, XTX Markets and GAIN Capital.

Company Details

Phlo provides a distributed ledger platform for trade finance services. Borrowers will be able to upload the details of the deals and gain access to a marketplace of lenders. Lenders get access to trade deals from validated members. It also provides users of the Phlo platform with access to real-time and supply chain tracking data.

Website: phlo.io
Social
Registered Address: PHLO SYSTEMS, 3RD FLOOR THE NEWS BUILDING,3 LONDON BRIDGE ST,LONDON,ENGLAND,SE1 9SG

Key Metrics

Founded Year

2016

Location

London, United Kingdom

Stage

Funding Raised

Investors

Level39

Ranked

83^rd among 571 active competitors

Employee Count

35 as on Mar 31, 2026

Similar Companies

GAIN Capital & 357 more

View Phlo's full profile

Phlo is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PHLO SYSTEMS LIMITED CIN: 10505838 , United Kingdom, Active	Nov 30, 2016	-	16 (As on Dec 31, 2024)
PHLO SYSTEMS LIMITED CIN: 10505838 , United Kingdom, Active	Nov 30, 2016	-	11 (As on Dec 31, 2021)

Phlo is a funded company. Phlo has 1 institutional investor.

View details of Phlo's funding rounds and investors

The founders of Phlo are Khai Vualnam and Saurabh Goyal.

Here are the details of Phlo's key team members:

Khai Vualnam: Co-Founder and COO of Phlo.
Saurabh Goyal: Co-Founder & CEO of Phlo and founder of 2 other companies, opsPhlo and Satoshi Systems.
Contact Info: 1 email address

View details of Phlo's Founder profiles and Board Members

Phlo's employee count trend

Phlo has 35 employees as of Mar 26. Here is Phlo's employee count trend over the years:

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Top competitors of Phlo include Lemon Markets, XTX Markets and GAIN Capital. Here is the list of Top 10 competitors of Phlo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lemon Markets 2020, London (United Kingdom), Acquired	API-based automated trading solutions for brokers	$30M	Lightspeed Venture Partners, Heliad & 20 others	67/100
2nd	XTX Markets 2015, London (United Kingdom), Unfunded	Quantitative-driven electronic trading market maker	-	-	61/100
3rd	GAIN Capital 1999, Bedminster (United States), Acquired	White-label front-end trading solutions for capital markets	$176M	Tudor Funds, Edison Partners & 7 others	60/100
4th	Cicada 2021, Greenwich (United States), Series A	White-label trading platforms for trading in multiple assets	$23.6M	Citi, Kaszek & 5 others	55/100
5th	TradeLocker 2023, London (United Kingdom), Unfunded	Provider of comprehensive suite of tools designed for traders	-	-	55/100
6th	GLMX 2010, Palo Alto (United States), Series B	Electronic trading platform for securities financing, optimizing workflow and data analysis	$25.3M	Sutter Hill Ventures, Tippet Venture Partners ... & 1 others	54/100
7th	smartTrade Technologies 1999, Aix en provence (France), Late Stage	Multi-asset end-to-end Liquidity Management System for financial institutions	-	Hg, Keensight Capital & 9 others	52/100
8th	HRT 2002, New York City (United States), Unfunded	Developer of automated trading algorithms providing liquidity across global markets	-	-	52/100
9th	FlexTrade 1996, Great Neck (United States), Funding Raised	Front-end trading platforms for equities, FX, options, futures, and fixed income	-	-	52/100
10th	FYNXT 2015, Singapore (Singapore), Series A	API-based CRM and brokerage solutions for financial institutions	$5M	-	51/100
83rd	Phlo 2016, London (United Kingdom), Funding Raised	End to End trade finance platform	-	Level39	28/100