Fundraising completed for $36 million in Series B round, focusing on automating fixed-income operations

In the dynamic world of finance, a fintech startup named Moment is making waves with its innovative fixed-income platform. The company, which has already raised a total of $56 million, recently secured $36 million in Series B funding, led by Index Ventures.

Moment's platform, a revolutionary solution in the market, combines trading, research, portfolio optimization, reporting, and compliance into one automated system. This integrated approach is attracting large fixed income teams from various financial institutions, promising increased efficiency and enhanced execution.

The platform's unique blend of fixed-income expertise and world-class engineering has caught the attention of industry leaders. Josh Freeman, Head of Capital Markets at Sanctuary, believes Moment to be a strategic partner for selective financial institutions, empowering their fixed income teams to win new business, unlock eight-figure revenue channels, and genuinely 10x their productivity.

Dylan Parker, CEO and co-founder of Moment, is incorporating the platform into recruiting pitches at his current role as Senior Vice President of Fixed Income at LPL. His conviction in the platform's potential is echoed by Jan Hammer, Partner at Index Ventures, who will join Moment's board as a new member. Hammer, who has previously been a board member at Robinhood and Adyen, brings a wealth of experience and insights to the table.

The demand for fixed-income solutions has exploded, and leading financial institutions are partnering with Moment to co-create the future of fixed income. This partnership is not just about updating outdated systems, but about equipping fixed income teams with a differentiated platform to capture market leadership in the fixed income market.

Notable charitable institutions such as UNICEF and the Red Cross have already chosen Moment as a strategic partner, recognising its potential to deliver enhanced execution for their fixed income teams. The platform's efficiency and effectiveness are particularly valuable in today's market, where rising interest rates are driving demand in the fixed income sector.

Advances in AI are enabling new levels of workflow automation, and Moment's platform is no exception. Leading firms use Moment to execute thousands of trades quickly, optimize complex portfolios, monitor compliance in real-time, and leverage AI to generate portfolios and reports efficiently.

The funding will be used to accelerate growth, advance partnerships with leading financial institutions, invest in research and development, and continue expanding its team in New York City. With its innovative platform and strategic partnerships, Moment is poised to revolutionise the fixed income market.

Fundraising completed for $36 million in Series B round, focusing on automating fixed-income operations