Exploring UK-Based Startups Revolutionising the Financial Exchanges Industry

January 23, 2024

The United Kingdom is a well-known financial powerhouse on the global stage. This reputation extends beyond traditional banking and into the realm of startups within the Financial Exchanges Industry. Since 2020, several UK-based startups covering various sectors including Blockchain, Cryptocurrency, Ethereum, FinTech, Stripe, have been making waves. Below, we’ll highlight some of the most interesting and impactful startups that have emerged within the UK’s financial exchanges market during this period.

Startups within this industry are driving impressive technological innovations to enhance the user experience and make financial transactions more efficient and accessible. From decentralized finance exchange protocols with a focus on non-US dollar stable coins, to solutions that aim to democratize access to the financial markets, these young companies are re-shaping the landscape of the financial exchange industry.

Let’s take a closer look at these companies, their founders, and what they offer.

DFX Finance

DFX Finance, co-founded by Adrian Li and Kevin Zhang, is geared towards optimizing decentralized finance exchange protocols for non-U.S. dollar stable coins. This London-based startup operates within multiple industries, including Blockchain, Cryptocurrency, and more. LinkedIn

Zeta Markets

Zeta Markets is an Argyll and Bute-based startup offering an under-collateralized DeFi derivatives platform. Their vision presents anyone with the means to hedge, speculate, and take positions on an infinite number of market movements, rapidly and at minimum cost.

Sciopay

Founded by Daryl Blake, Saqib Mirza, and Stuart Young, Sciopay is on a mission to restore access to cross-border payments. Their ambition extends to creating an alternative to traditional players in the sector, enhancing customer engagement and creating new revenue stream opportunities. LinkedIn

St. Daniel House

St. Daniel House is a London-based startup operating in the Banking and Financial Services industry. They offer a host of services designed to cater to everyone’s financial needs. LinkedIn

M&M Fintech

Headquartered in London, M&M Fintech, founded by Svilen Stoyanov, is a leading financial company providing various financial services along with exchange solutions. LinkedIn

Trading P2P

Founded by Sam Enrico Williams, Trading P2P is a London-based person-to-person Forex & Cryptocurrency trading platform. They offer an easy and efficient way for individuals to engage in Forex and Cryptocurrency transactions Facebook.

Junomo

Junomo offers various financial services including foreign exchange, local collection and payment accounts, and more with no international or local payment charges on any FX transaction. LinkedIn

Heron Data

Heron Data is a software company that categorises and labels bank transaction data, making life easier not just for consumers, but for lenders, personal finance managers and neo-banks. LinkedIn

Axes

Founded by Khaleel Musleh and offering a comprehensive CFD’s Neo-Brokerage platform, Axes aims to democratize access to the financial markets and provide people with a comfortable investment environment. LinkedIn Facebook

Proptee

Co-founded by Alexandru Rosianu and Benedek Toth, Proptee is a London-based property investment platform providing financial solutions for individuals interested in investing in property. LinkedIn Facebook

Cornerstone FX

London-based Cornerstone FX operates in the Banking and Financial Services Industry providing comprehensive financial solutions. LinkedIn Facebook

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