Kooltra offers a multi-layered capital markets cloud platform and APIs that automate front-, middle- and back-office FX operations and reporting, built on the Salesforce platform. Its solution lets banks, credit unions, money services businesses and brokerages run in-house FX businesses, replace legacy stacks, and reduce fees and development costs. Kooltra already processes billions of dollars in daily FX transactions for customers across Canada, Australia and the U.K. The company will use new funding to grow engineering, sales and customer-success teams and further build out its platform. Kooltra is expanding operations into the U.K. and pursuing more than 3,000 prospective regional and community bank and credit-union customers across the U.S. The company was launched in 2014 by CEO Adam Katz and extends Salesforce as its enterprise data platform.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2018