The fintech voice broker technology provider has secured funding from JPMorgan Chase, ICAP and Barclays.
Bloomberg
Cloud9 Technologies, a Cloud communications service provider that delivers high performance voice and collaboration services for institutional traders, announced today the close of a $30 million funding round.
Finance Magnates previously reported on Cloud9 in April after the firm announced a series A funding round from a consortium of financial institutions to help it expand its cloud-based voice trading communication solutions globally.
The latest round was led by JPMorgan Chase with ICAP, Barclays and Point 72 Ventures and also includes individual participation by the principals of several leading trading firms, including Hudson Ridge Asset Management, one of Cloud9’s early customers.
Gerald Starr, CEO of Cloud9 Technologies commented, “We are thrilled to welcome Point 72 Ventures and our other investors as we continue to build a technology that acts as a catalyst in terms of changing the communication and process around trading”.
He continued, “Cloud9 has ushered trader communication into the modern age, while bringing mobility, enhanced compliance and security, and more agile communication to the industry. With the close of this round, our team is poised to continue development of products and services that will change the way the financial industry and enterprise businesses communicate and collaborate.”
To date, over 2,700 users in 29 countries have adopted Cloud9 which has proved popular among financial services professionals due to the platform’s ease-of-use, mobility features, strong value proposition and interoperability with other solutions.
Rick Smith, Head of Private Investments at JPMorgan Chase added, “Cloud9’s technology inspired us to revisit our trader voice communication strategy and related workflow. We believe that Cloud9 will empower traders through its ease of use and management, while improving efficiency, enhancing compliance and reducing communications costs.”
Expansion Plans
Cloud9 will use the funding to support innovation, accelerate the development of several products in great demand by its customer base and expand the service offering into new markets.
The firm also recently opened an office in Singapore to meet growing demand in the Asia Pacific region and has plans to expand operations in other markets by early next year.
The rapid growth of Cloud9 since the company’s launch in 2014 has run in parallel with the industry’s adoption of cloud technology. Cloud9 exploited the opportunity to extend the platform’s benefits into areas such as workflow, compliance and advanced Analytics .
Background
Cloud9 connects counterparties across all asset classes via a cloud-based communication platform that features end-to-end security, encryption and advanced compliance capabilities, eliminating the infrastructure and expense associated with legacy hardware and telecommunication based solutions.
July saw the launch of Cloud9's Gateway Service, which connects Cloud9 users to their counterparties, even for those not using the Cloud9 application. This interoperability gives traders and brokers an edge, allowing them to connect with counterparties that they otherwise might not have had access to via the Cloud9 community.
Cloud9 Technologies, a Cloud communications service provider that delivers high performance voice and collaboration services for institutional traders, announced today the close of a $30 million funding round.
Finance Magnates previously reported on Cloud9 in April after the firm announced a series A funding round from a consortium of financial institutions to help it expand its cloud-based voice trading communication solutions globally.
The latest round was led by JPMorgan Chase with ICAP, Barclays and Point 72 Ventures and also includes individual participation by the principals of several leading trading firms, including Hudson Ridge Asset Management, one of Cloud9’s early customers.
Gerald Starr, CEO of Cloud9 Technologies commented, “We are thrilled to welcome Point 72 Ventures and our other investors as we continue to build a technology that acts as a catalyst in terms of changing the communication and process around trading”.
He continued, “Cloud9 has ushered trader communication into the modern age, while bringing mobility, enhanced compliance and security, and more agile communication to the industry. With the close of this round, our team is poised to continue development of products and services that will change the way the financial industry and enterprise businesses communicate and collaborate.”
To date, over 2,700 users in 29 countries have adopted Cloud9 which has proved popular among financial services professionals due to the platform’s ease-of-use, mobility features, strong value proposition and interoperability with other solutions.
Rick Smith, Head of Private Investments at JPMorgan Chase added, “Cloud9’s technology inspired us to revisit our trader voice communication strategy and related workflow. We believe that Cloud9 will empower traders through its ease of use and management, while improving efficiency, enhancing compliance and reducing communications costs.”
Expansion Plans
Cloud9 will use the funding to support innovation, accelerate the development of several products in great demand by its customer base and expand the service offering into new markets.
The firm also recently opened an office in Singapore to meet growing demand in the Asia Pacific region and has plans to expand operations in other markets by early next year.
The rapid growth of Cloud9 since the company’s launch in 2014 has run in parallel with the industry’s adoption of cloud technology. Cloud9 exploited the opportunity to extend the platform’s benefits into areas such as workflow, compliance and advanced Analytics .
Background
Cloud9 connects counterparties across all asset classes via a cloud-based communication platform that features end-to-end security, encryption and advanced compliance capabilities, eliminating the infrastructure and expense associated with legacy hardware and telecommunication based solutions.
July saw the launch of Cloud9's Gateway Service, which connects Cloud9 users to their counterparties, even for those not using the Cloud9 application. This interoperability gives traders and brokers an edge, allowing them to connect with counterparties that they otherwise might not have had access to via the Cloud9 community.
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In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
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A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
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We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
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Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
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Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
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Builder | Adviser | Fintech Writer | Product Strategist
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We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
