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United Fintech buys TTMzero stake 04 February 2021
1 United Fintech, a recently launched venture focussed on buying up a slate of capital markets fintechs, has entered the market data and regtech space with its second acquisition: TTMzero. United Fintech has taken a 25% stake in the German firm, with the intention of increasing to 80% over the next three years.
Founded in 2013, TTMzero has two proprietary products, a financial instruments automation platform to digitize processes and workflows for securities, and a real-time data analytics platform financial instruments.
United Fintech Enters the Market Data and RegTech Space with TTMzero Acquisition United Fintech has entered the Market Data RegTech space with the acquisition of German fintech, TTMzero. United Fintech has taken a 25% stake in the market leading firm, with the intention of increasing to 80% over the next three years.
The acquisition is in line with its strategy of acquiring and scaling innovative fintechs in capital markets and creating a fintech one-stop-shop which banks and financial institutions can benefit from to accelerate their transition to a digital world.
Founded in 2013, TTMzero develops fully digitized RegTech and Capital Markets Tech solutions. It has two proprietary products, a financial instruments automation platform to digitize processes and workflows for securities and a real-time data analytics platform to provide real-time data for a large number of financial instruments. These products support financial institutions and capital markets participants in th