Integral Secures $30 Million in Funding to Streamline Expansion Goals

by Arnab Shome
  • The company will use the proceeds to expand its headcount and advance the product roadmap.
  • The funds were raised from Vistara Growth.
Integral logo

Integral, a major trading technology provider to the buy-side firms, raised $30 million in growth financing from Canada’s Vistara Growth. The company will use the proceeds in its business expansion.

Integral’s Expansion amid Demand Rise

According to the press release yesterday (Thursday), the company will increase its headcount and strengthen its product roadmap. The expansion follows an increment in demand for its cloud-native services.

“At a time of growth and opportunity for Integral, Vistara has emerged as the perfect partner to support us financially through their investment and operationally through their network of dedicated professionals and strategic partners,” Harpal Sandhu, the CEO of Integral, said.

“The supportive relationship allows our team to focus on execution as we expand our market share and roll out new products globally.”

The Leader in FX Technology

Established in 1993, Integral primarily provides cloud-based SaaS FX workflow solutions and targets a broad range of buy-side forex market participants, including banks, brokers, asset managers, and hedge funds.

Last year, the company expanded into crypto by launching industry-specific technology solutions. It developed the crypto services in partnership with Mint Exchange, an institutional crypto exchange. The services include aggregation and connectivity to liquidity providers, desktop and mobile client trading, risk management, and hot and cold storage custody solutions.

“We have seen across global markets that banks and financial institutions have continued to rapidly replace many of their legacy on-premise systems or internally built solutions, and Integral is well positioned to solve the cloud-adoption needs for the capital markets and foreign exchange divisions with its modular SaaS platform,” Neil Kenley, the Principal at Vistara Growth (growth capital to software and technology services companies) said.

He highlighted that Integral adds value to “its customer base through its sophisticated workflow automation and liquidity aggregation capabilities.”

“At a time of growth and opportunity for Integral, Vistara has emerged as the perfect partner to support us financially through their investment and operationally through their network of dedicated professionals and strategic partners,” Harpal Sandhu, the CEO of Integral, said. “The supportive relationship allows our team to focus on execution as we expand our market share and roll out new products globally.”

A Fraud Survey

We invite you to participate in our joint survey conducted by FXStreet and Finance Magnates Group, which explores prevalent online financial fraud types, platforms used for fraudulent activities, effectiveness of countermeasures, and challenges faced by companies in tackling such fraud. Your valuable insights will help inform future strategies and resource allocation in combating financial fraud.

Social Media Scams: Help Shape the Fight with Your 2024 Survey Participation.

Integral, a major trading technology provider to the buy-side firms, raised $30 million in growth financing from Canada’s Vistara Growth. The company will use the proceeds in its business expansion.

Integral’s Expansion amid Demand Rise

According to the press release yesterday (Thursday), the company will increase its headcount and strengthen its product roadmap. The expansion follows an increment in demand for its cloud-native services.

“At a time of growth and opportunity for Integral, Vistara has emerged as the perfect partner to support us financially through their investment and operationally through their network of dedicated professionals and strategic partners,” Harpal Sandhu, the CEO of Integral, said.

“The supportive relationship allows our team to focus on execution as we expand our market share and roll out new products globally.”

The Leader in FX Technology

Established in 1993, Integral primarily provides cloud-based SaaS FX workflow solutions and targets a broad range of buy-side forex market participants, including banks, brokers, asset managers, and hedge funds.

Last year, the company expanded into crypto by launching industry-specific technology solutions. It developed the crypto services in partnership with Mint Exchange, an institutional crypto exchange. The services include aggregation and connectivity to liquidity providers, desktop and mobile client trading, risk management, and hot and cold storage custody solutions.

“We have seen across global markets that banks and financial institutions have continued to rapidly replace many of their legacy on-premise systems or internally built solutions, and Integral is well positioned to solve the cloud-adoption needs for the capital markets and foreign exchange divisions with its modular SaaS platform,” Neil Kenley, the Principal at Vistara Growth (growth capital to software and technology services companies) said.

He highlighted that Integral adds value to “its customer base through its sophisticated workflow automation and liquidity aggregation capabilities.”

“At a time of growth and opportunity for Integral, Vistara has emerged as the perfect partner to support us financially through their investment and operationally through their network of dedicated professionals and strategic partners,” Harpal Sandhu, the CEO of Integral, said. “The supportive relationship allows our team to focus on execution as we expand our market share and roll out new products globally.”

A Fraud Survey

We invite you to participate in our joint survey conducted by FXStreet and Finance Magnates Group, which explores prevalent online financial fraud types, platforms used for fraudulent activities, effectiveness of countermeasures, and challenges faced by companies in tackling such fraud. Your valuable insights will help inform future strategies and resource allocation in combating financial fraud.

Social Media Scams: Help Shape the Fight with Your 2024 Survey Participation.

About the Author: Arnab Shome
Arnab Shome
  • 6242 Articles
  • 79 Followers
About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6242 Articles
  • 79 Followers

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