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Spark Systems - About the company
Spark Systems is a series C company based in Singapore (Singapore), founded in 2016. It operates as a Trade management solutions for forex assets. Spark Systems has raised $25M in funding from investors like HSBC, Citi and OSK Ventures International Berhad. The company has 61 active competitors, including 11 funded and 2 that have exited. Its top competitors include companies like StoneX, AZA Finance and Integral.
Company Details
Trade management solutions for forex assets. It connects private forex investors with liquidity providers through a foreign exchange marketplace. It offers low latency execution and forex aggregation solutions.
- Website
- sparksystems.sg
- Social
- Email ID
- *****@sparksystems.sg
- Phone Number
- +65 **********
- Registered Address
- ROBINSON ROAD, Singapore, 68898
Key Metrics
Founded Year
2016
Location
Singapore, Singapore
Stage
Series C
Total Funding
$25M in 6 rounds
Latest Funding Round
Ranked
7th among 61 active competitors
Employee Count
61 as on Sep 30, 2026
Legal entities associated with Spark Systems
Spark Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SPARK SYSTEMS PTE. LTD. UEN: 201611200H , Singapore, Active | Apr 26, 2016 | - | - |
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Spark Systems's funding and investors
Spark Systems has raised a total funding of $25M over 6 rounds. Its latest funding round was a Series C round on Oct 08, 2024 for $*****. 3 investors participated in its latest round. Spark Systems has 12 institutional investors.
Here is the list of recent funding rounds of Spark Systems:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 08, 2024 | 8134190 | Series C | 1561289 | 5492307 | 7453687 | 5755250 |
May 15, 2020 | 8735092 | Series B | 6242993 | 7737442 | 8677892 | |
Feb 08, 2017 | 9303821 | Series A | 4757042 | 5396383 | 6470584 |
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Spark Systems' founders and board of directors
Founder? Claim ProfileSpark Systems' Board of Directors
Spark Systems's board has 3 active members. Joo Seng Wong is part of team and Patel Jinesh Kiran and Finian Tan Seng Chin are independent board members.Here is the list of Spark Systems' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
kjdbxsv | Team | - | Current | 6y 2m |
Independent board member | - | Current | 10y 0m | |
glwbgkn | Independent board member | - | Current | 8y 6m |
oqixegh | Independent board member | - | Past | 6y 2m |
Spark Systems' employee count trend
Spark Systems has 61 employees as of Sep 26. Here is Spark Systems's employee count trend over the years:
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Spark Systems's Competitors and alternates
Top competitors of Spark Systems include StoneX, AZA Finance and Integral. Here is the list of Top 10 competitors of Spark Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | StoneX 1924, New York City (United States), Public | Trade execution solutions for multiple assets | - | 64/100 | |
2nd |  AZA Finance 2013, London (United Kingdom), Series C | Software for cross-border remittance and forex management | $41.8M | 62/100 | |
3rd | Integral 1993, Palo Alto (United States), Series B | Cloud-based trading software for financial institutions to trade in capital markets | $41M | 58/100 | |
4th | Your Bourse 2015, Tallinn (Estonia), Unfunded | Practice management software for brokers | - | - | 51/100 |
5th | Software solutions for brokers | - | - | 49/100 | |
6th | FDCTech 2016, Irvine (United States), Seed | Trade management solutions for forex and cryptocurrency brokers | $98K | - | 48/100 |
7th | _1581401357370.png?devicePixelRatio=2&height=30&width=30){kind=logo} Spark Systems 2016, Singapore (Singapore), Series C | Trade management solutions for forex assets | $25M | 46/100 | |
8th | SHIFT 2009, New York City (United States), Funding Raised | White label cryptocurrency exchange and FX brokerage solutions | - | - | 43/100 |
9th |  Curex Group 2009, New York City (United States), Series B | Foreign exchange suite solutions | $60M | - | 42/100 |
10th | Call Levels 2014, Singapore (Singapore), Seed | Financial news and alerts for trading | $600K | 41/100 |
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Spark Systems's Investments and acquisitions
Spark Systems has made no investments or acquisitions yet.
Reports related to Spark Systems
Here is the latest report on Spark Systems's sector:
News related to Spark Systems
Filter this list•
ATFX Announces: Strategic Investment in Spark Systems to Enhance Institutional OfferingsGlobeNewswire•Oct 08, 2024•ATFX, Spark Systems
•
ATFX Announces Strategic Investment in Spark Systems to Enhance Institutional OfferingsFinance Magnates•Oct 08, 2024•ATFX, Spark Systems
•
Bybit Affiliate Withdraws Hong Kong VASP Application Months After Regulator Issued License WarningShareandstocks•Jun 01, 2024•Spark Systems, Bybit
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Spark Fintech Announces Withdrawal of HK VASP License ApplicationCNW•May 31, 2024•Bybit, Spark Systems
•
Fintica AI and Spark Systems of Singapore Form Strategic PartnershipGlobal Fintech Series•May 08, 2024•Fintica, Spark Systems
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Digital Vega partners with Spark Systems to offer FX platformThe TRADE•Feb 01, 2021•Digital Vega, Spark Systems
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Digital Vega Collaborates with Spark Systems for FX Trading PlatformFinance Magnates•Jan 29, 2021•Digital Vega, Spark Systems
•
Singapore forex platform raises $23.5 mil in series B funding, counts HSBC and Citigroup among investorsThe Edge Singapore•May 15, 2020•HSBC, Citi, Goldman Sachs, Spark Systems and 9 others
•
Fintech Spark Systems Raises S$ 15 MillionCrowdfund Insider•May 15, 2020•Spark Systems, Citi, HSBC, OSK Ventures International Berhad and 6 others
•
Rohde & Schwarz Helps VNTA Deploy AI-based Digital TV RF Test Full Automation SystemMicrowave Journal•May 06, 2020•Rohde & Schwarz, Spark Systems
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