TradeCore

TradeCore, a London-based FinTech startup, has raised $3m (£2.21m) in a Seed round led by South Central Ventures, a €40m fund targeting tech startups.

The firm describes itself as an “AWS for FinTech”, as it provides customers with the necessary developing tools.

This, the firm says, means customers can boost their infrastructure, manage costs and enter the market within weeks, as opposed to years.

Stefan Pajković, the CEO of TradeCore, said the funds would be used to support the company’s expansion into the Far East and to support the opening of new offices in Tel Aviv and beyond.

“TradeCore has ambitious plans to expand its enterprise client base, increase product development velocity and raise brand awareness,” continued Pajković.

The company has previously partnered with service and financial technology providers, including GBGroup, Onfido, SafeCharge, Meta Quotes Software, and Star Financial Systems.

This is TradeCore’s first external round of funding.

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