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Spark Systems - About the company

Spark Systems is a series C company based in Singapore (Singapore), founded in 2016 by Wong Seng. 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 62 active competitors, including 11 funded and 1 that has exited. Its top competitors include companies like AZA Finance, Integral and StoneX.

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.
Social
X
Email ID
*****@sparksystems.sg
Phone Number
+65 **********
Registered Address
80 ROBINSON ROAD #15-03 SINGAPORE 068898
Key Metrics
Founded Year
2016
Location
Singapore, Singapore
Stage
Series C
Total Funding
$25M in 6 rounds
Latest Funding Round
Investors
Ranked
Employee Count
66 as on Mar 31, 2026
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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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 08, 2024
9619427
Series C
2730610
1655708
9679306
6181995
May 15, 2020
3720639
Series B
7809253
2072219
9413784
Feb 08, 2017
9780402
Series A
9338541
6583684
9196853
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Spark Systems' founders and board of directors

Founder? Claim Profile
The founders of Spark Systems is Wong Seng.
Here are the details of Spark Systems' key team members:

Spark Systems' Board of Directors

Spark Systems's board has 3 active members. Wong Seng 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
Team
-
Current
8y 10m
Independent board member
-
Current
8y 10m
jowurja
Independent board member
-
Current
7y 4m
{rd{wwr
Independent board member
-
Past
6y 6m

Spark Systems' employee count trend

Spark Systems has 66 employees as of Mar 26. Here is Spark Systems's employee count trend over the years:
Employee count trend for Spark Systems
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Spark Systems's Competitors and alternates

Top competitors of Spark Systems include AZA Finance, Integral and StoneX. Here is the list of Top 10 competitors of Spark Systems, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AZA Finance
AZA Finance
2013, London (United Kingdom), Series C
Software for cross-border remittance and forex management
$41.8M
60/100
2nd
Logo for Spark Systems
Spark Systems
2016, Singapore (Singapore), Series C
Trade management solutions for forex assets
$25M
45/100
3rd
Logo for Integral
Integral
1993, Palo Alto (United States), Series B
Cloud-based trading software for financial institutions to trade in capital markets
$41M
55/100
4th
Logo for StoneX
StoneX
1924, New York City (United States), Public
Trade execution solutions for multiple assets
-
51/100
5th
Logo for FDCTech
FDCTech
2016, Irvine (United States), Seed
Trade management solutions for forex and cryptocurrency brokers
$98K
-
47/100
6th
Logo for Call Levels
Call Levels
2014, Singapore (Singapore), Seed
Financial news and alerts for trading
$600K
39/100
7th
Logo for Your Bourse
Your Bourse
2015, Tallinn (Estonia), Unfunded
Practice management software for brokers
-
-
38/100
8th
Logo for OpenFX
OpenFX
2024, San Francisco (United States), Series B
Provider of cross-border FX infrastructure and yield-generating solutions
$23M
38/100
9th
Logo for Advanced Markets
Advanced Markets
2006, London (United Kingdom), Seed
Liquidity, technology, and credit solutions to financial institutions
-
38/100
10th
Logo for Soft-FX
Soft-FX
2005, Kuala Lumpur (Malaysia), Unfunded
Suite solutions for brokers
-
-
37/100
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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

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Media has covered Spark Systems for a total of 2 events in the last 1 year.
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FAQs about Spark Systems

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