About Forex Tech
There are 2.57K companies in the Forex Tech sector across the world, with 167 funded companies having collectively raised $1.84B in venture capital money and private equity. Overall 79 of these are Series A+ funded.
Forex Tech sector has seen 34 acquisitions and 19 IPOs.
This sector includes companies which provide tech solutions, including internet-first platforms and software for forex market which includes currency exchange and currency investments.
Forex Tech sector is also known as FX Tech, Forex Technology or Foreign Exchange Tech.
Companies included in Forex Tech sector
Internet-First Brokers, Currency Exchange Services, Prepaid Card Solutions, Enablers.Companies excluded in Forex Tech sector
Commercial Banks and Other Financial Institutions, Financial Messaging Services, Remittance, Multi-Asset Brokers & Dealers, Multi-asset Trading Software, Publishing Websites.Market Map of Forex Tech
The market map of Forex Tech gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution. Trending business models in Forex Tech sector are Forex Trading Platforms and Prepaid Forex Cards.
Reports related to Forex Tech
Here are some reports related to Forex Tech sector:
Free
Forex Tech - Sector Report
Edition: October, 2026 (58 Pages)
Premium
Forex Tech Investor Landscape
Edition: July, 2025 (12 Pages)
Premium
Forex Tech Exit Landscape
Edition: October, 2026 (15 Pages)
View all reports related to Forex Tech. Sign up today!Top Companies in Forex Tech
There are more than 2.57K companies in Forex Tech. YouTrip is the top Forex Tech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Forex Tech companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
NFC-enabled travel cards and multi-currency wallet transfer service for travelers | Singapore (Singapore) | 2018 | Series B | $106M | |
Provider of online trading platform for forex, CFDs, and cryptocurrency | San Francisco (United States) | 1995 | Acquired | $117M | |
Online trading platform offering CFDs across global financial markets | London (United Kingdom) | 2008 | Public | - | |
Multi-currency accounts and investment service provider | London (United Kingdom) | 2022 | Series A | $22.5M | |
Provider of multi-currency payment cards and related digital financial services | Seoul (South Korea) | 2018 | Series C | $31.3M |
Companies founded year-on-year in the Forex Tech sector
13 new startups have been founded so far in 2026 in the Forex Tech sector. 354 Forex Tech startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 13 |
2025 | 43 |
2024 | 45 |
2023 | 68 |
2022 | 84 |
2021 | 87 |
2020 | 354 |
2019 | 274 |
2018 | 202 |
2017 | 121 |
Companies founded across countries in the Forex Tech sector
United Kingdom has 485 Forex Tech startups, the most by any country, followed by United States which has 371 startups and Saint Vincent And The Grenadines which has 93.
- Total Number of Companies
Country | No. of companies |
|---|---|
United Kingdom | 485 |
United States | 371 |
Saint Vincent And The Grenadines | 93 |
India | 91 |
Australia | 75 |
Cyprus | 74 |
China | 62 |
United Arab Emirates | 57 |
Canada | 54 |
Singapore | 42 |
Stage-wise distribution of the Forex Tech sector
Out of the total 2,571 Forex Tech companies, 167 have secured funding. Among them, 79 have reached Series A or higher, and 64 to Series B or beyond.
Founded - 2,571
Funded - 167
Series A+ - 79
Series B+ - 64
Series C+ - 58
Company Stage | No. of companies |
|---|---|
Founded | 2,571 |
Funded | 167 |
Series A+ | 79 |
Series B+ | 64 |
Series C+ | 58 |
Want to know more about Forex Tech ? Signup and explore Tracxn for free
- 2.6K+ Total Companies
- $1.84B+ Total Funding
- 165+ Funded Companies
- 15+ IPOs
- 30+ Acquisitions
- 5 Reports
Funding Trends in the Forex Tech sector
Total funding year-on-year in the Forex Tech sector
The Forex Tech sector saw a total funding of more than $1.45B in the last 10 years. The most amount of funding was in 2021 at more than $427M. There has been a total funding of $245M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $245M |
2025 | $96.9M |
2024 | $168M |
2023 | $93M |
2022 | $172M |
2021 | $427M |
2020 | $79.4M |
2019 | $90.9M |
2018 | $45.4M |
2017 | $35.9M |
Total funding across countries in the Forex Tech sector
In the last 10 years, Forex Tech startups in United Kingdom have recieved the highest funding among all countries - $788M. United States follows with $290M and Singapore with $219M.
- Total Funding
Country | Total Funding |
|---|---|
United Kingdom | $788M |
United States | $290M |
Singapore | $219M |
South Korea | $33M |
Brazil | $11M |
Canada | $6.5M |
India | $3.36M |
Ireland | $20K |
Nigeria | $20K |
China | - |
Total funding amount raised by stage in the Forex Tech sector
Over the last 10 years, the Forex Tech sector have seen $145M into Seed Stage funding rounds, $522M into Early Stage funding rounds and $105M go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Early Stage | $522M |
Debt | $355M |
PE | $300M |
Seed Stage | $145M |
Late Stage | $105M |
Grant | $55.6K |
Recent Funding Rounds in Forex Tech
In the year 2026, till September 2026, Forex Tech companies have raised $94.5M in equity funding across 4 rounds.
In the same period last year (i.e. till June 2025), Forex Tech companies had raised $37M across 6 rounds.
So, 2026 has seen a 155.4% rise in funding in Forex Tech companies as compared to 2025.
Here are some recent, important funding rounds in Forex Tech:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 2342 | Sep 23, 2026 | ||
Seed | 2981 | Apr 28, 2026 | ||
Series C | 6637 | Apr 08, 2026 | ||
Series A | 5016 | Feb 05, 2026 | ||
Seed | 3961 | Oct 14, 2025 |
Top Investors in Forex Tech
Y Combinator is the top investor in Forex Tech companies based on number of companies invested.
Here are some top investors in Forex Tech:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
Dubai (United Arab Emirates) | ||
Bengaluru (India) | ||
Herzliya (Israel) |
M&A activity in Forex Tech
In the year 2026, till September 2026, 4 acquisitions happened in Forex Tech sector. Last year, in 2025, a total of 4 acquisitions happened in Forex Tech sector.
Here are some recent, important acquisitions in Forex Tech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 23, 2026 | ||
Business Acquisition | Mar 23, 2026 | ||
Business Acquisition | Mar 02, 2026 | ||
Business Acquisition | Feb 01, 2026 | ||
Business Acquisition | Dec 02, 2025 |
Acquisition trends in Forex Tech
Here are the acquisition trends in Forex Tech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 4 |
2024 | - |
2023 | 2 |
2022 | 4 |
2021 | 3 |
2020 | - |
2019 | 2 |
2018 | 4 |
2017 | 2 |
IPOs in Forex Tech
In the year 2024, till April 2024, 1 IPO happened in Forex Tech sector.
Here are some recent, important IPOs in Forex Tech:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 22, 2024 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 15, 2023 | OTC Markets (OTCMKTS) | |
Jul 14, 2023 | Frankfurt Stock Exchange (FRA) | |
Jul 07, 2023 | London Stock Exchange (LSE) | |
Apr 06, 2021 | London Stock Exchange (LSE) |
Colleges which produce the most Forex Tech companies
Companies founded by alumni from top colleges in the Forex Tech sector
Most number of Forex Tech startups have been founded by alumni from Columbia University, Massachusetts Institute of Technology and Stanford University.
College | No. of companies |
|---|---|
Columbia University | 5 |
Massachusetts Institute of Technology | 4 |
Stanford University | 3 |
University of Oxford | 3 |
Harvard Business School | 2 |
Hong Kong University of Science and Technology (HKUST) | 2 |
Nanyang Technological University (NTU) | 2 |
Singapore Management University (SMU) | 2 |
Tel Aviv University | 2 |
University of Edinburgh | 2 |
Total funding in companies founded by alumni from top colleges in the the Forex Tech sector
In the last 10 years, Stanford University graduates' Forex Tech companies have raised the most funding among top colleges. Harvard Business School and Harvard University alumni are second.
College | Total Funding |
|---|---|
Stanford University | $112M |
Harvard Business School | $106M |
Harvard University | $106M |
The Wharton School | $106M |
Wharton School | $106M |
Columbia University | $100M |
Singapore Management University (SMU) | $52.2M |
Columbia Business School | $41M |
University of Oxford | $27.4M |
Nanyang Technological University (NTU) | $22.5M |
Top News in Forex Tech
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NinjaTrader Launches in the UK to Meet Rising Demand for Futures TradingPR Newswire•Oct 27, 2026•NinjaTrader
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ING, NinjaTrader, iBroker, and Trade Republic Lead Rankia Best Brokers Awards 2026Europa Press•Oct 15, 2026•NinjaTrader, Trade Republic, ING, IBroker
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FOREX.com Launches Japan Stock CFDs and Knock-Out Options with Overnight TradingFinancial Post•Aug 24, 2026•Forex.com
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NinjaTrader Group Appoints First Chief Innovation & AI Officer and New Chief Product Officer to Accelerate Platform GrowthGlobal Fintech Series•Jul 07, 2026•NinjaTrader
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UFC and NinjaTrader Announce Expansive Multiyear PartnershipPR Newswire•Jun 05, 2026•Ultimate Fighting Championship, NinjaTrader
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Equals Money | Railsr becomes Equals as it surpasses £58bn in annual transaction volumeEquals Money•Jun 01, 2026•Equals Money, Railsr
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