Trade Ledger is a London-based global technology provider to the commercial banking and financial services industry. Led by CEO Martin McCann, the company enables lenders to provide credit to small and medium enterprises by presenting the information needed to make rapid credit decisions. It aggregates all the data lenders need across the customer lifecycle, analyzes that data and automates key processes so lenders can act faster with less risk and serve more businesses. The platform also supports moves into embedded finance, including offering loans as part of the payment journey on websites selling to businesses. Trade Ledger completed a £13.5m Series A equity round and intends to use the funds to grow its sales, marketing and customer delivery teams. As part of the financing, a Point72 Ventures operating partner will join the board. Trade Ledger provides an open banking Lending-as-a-Service platform that automates origination, credit decisioning, onboarding and loan management for business finance. The company combines financial data APIs (Open Banking) with machine learning, AI and robotic process automation to modernize legacy bank systems. Its platform supports all types of digital business finance and is used by bank and non-bank business lending organizations to scale credit operations and enable new working capital solutions. Trade Ledger operates on three continents and was established in 2016 under CEO Martin McCann. The company intends to use the newly raised funds to continue expanding operations and its business reach. Headquarters are in Sidney, Australia and London, UK.

Total raised

$21M

Funding rounds

2

Latest round

Series A

Latest activity

Feb 2021