UK-based Fintech Traydstream Lands $21m in Series B Funding

​Traydstream, a UK-based fintech specializing in trade finance, has successfully raised $21 million in a Series B funding round led by Pivot Investment Partners and e& Capital.

Established in 2015 and headquartered in London, Traydstream offers a cloud-based platform that delivers automated scrutiny of trade documents and compliance checks. These solutions are aimed at assisting financial institutions and corporations in streamlining their trade finance operations, mitigating risks, and enhancing efficiency.

With this fresh funding injection, Traydstream intends to intensify its growth efforts, bolster its AI-driven platform, and expand its technological capabilities to provide enhanced services to its expanding global client base.

Sameer Sehgal, CEO of Traydstream, says the funding marks an "important milestone" for the company.

"The trade finance ecosystem is at an inflection point, and with innovative technologies, we see the power of converging capabilities to simplify the lives of all involved in trade and commerce worldwide," Sehgal says.

"With the support of Pivot and e& capital, we are committed to accelerating our product innovation, extending our technology leadership, and driving fundamental shifts in how trade finance operates."