TransFICC has announced the closing of a $25 million Series B funding round, with Citadel Securities leading the investment. BlackFin Tech also joined the round, alongside existing backers including AlbionVC, Citi, HSBC, Illuminate Financial, ING, and neosfer, the early-stage investor affiliated with Commerzbank. This latest capital injection brings the company's total funding to $50 million. [...]
Citadel Securities is an Illinois-based financial institution that offers solutions including liquidity and trade execution for asset managers, banks and broker-dealers.