• Comment: No indication of notability. Qcne (talk) 11:28, 19 April 2024 (UTC)
  • Comment: Please read WP:NORG. Press releases are not suitable sources to prove notability. Qcne (talk) 15:51, 17 April 2024 (UTC)
  • Comment: Resubmitted without any improvement. Zero evidence of notability. DoubleGrazing (talk) 11:11, 28 March 2024 (UTC)
  • Comment: This reads rather like somebody from the company has written it! Theroadislong (talk) 17:00, 15 March 2024 (UTC)

MillTechFX
IndustryFinancial Technology
Founded2019
HeadquartersLondon, United Kingdom
Key people
Eric Huttman (Chief Executive Officer)
Number of employees
70+
Websitehttps://milltechfx.com/

MillTechFX is a UK-based FX-as-a-Service (FXaaS) firm that provides an automated currency workflow solution to corporates and fund managers, giving them to access multi-bank FX rates via an independent marketplace.[1]

History edit

MillTechFX was founded in 2019 as an affiliate of Millennium Global Investments, a currency investment management firm.

In 2021, MillTechFX raised $30 million from Sir Ronald Cohen and VCM Global Asset Management.[2]

In March 2022, MillTechFX expanded into the European Union. The firm selected Paris for its EU hub and received regulatory approval from the Financial Markets Authority (AMF) and the Prudential and Resolution Control Authority (ACPR).[3]

MillTechFX also appointed Stuart Gulliver, the former group chief executive of HSBC, to its International Advisory Board in 2022.[4]

External Links edit

References edit

  1. ^ "Millenium Global aims to cut FX costs for fund managers and treasurers". July 9, 2021 – via Euromoney.
  2. ^ "Sir Ronald Cohen-backed currency fintech firm banks £22m in fundraiser". July 2, 2021 – via The Independent.
  3. ^ "MillTechFX expands multi-bank FX marketplace into Europe - The TRADE". www.thetradenews.com.
  4. ^ Clarke, Paul. "Former HSBC chief executive Stuart Gulliver joins fintech firm MillTechFX". www.fnlondon.com.