United Fintech Acquires Trading Analytics Platform FairXchange

United Fintech, a digitalizing financial services provider which is focused on acquires and scales innovative fintechs in capital markets, announced today the acquisition of FairXchange, the London-based financial industry trading analytics firm.

This marks the third acquisition and part of United Fintech’s mission to “save banks from Big Tech” in the first year of operation. The fintech platform is becoming an increasingly desired “one-stop-shop” for big banks in need of technological innovation, prompting additional acquisitions to emerge on the horizon, according to United Fintech CEO Christian Frahm.

As a first transaction in a multi-stage acquisition towards full ownership, United Fintech has acquired a 25% stake in FairXchange for an undisclosed amount in a transaction integrating the company, its products and employees onto its digital platform.

Trading firms use FairXchange’s state-of-the-art analytical product Horizon to facilitate data-driven dialogue with their counterparties, bringing clarity and transparency to execution performance through the provision of independent data. Through acquisition, United Fintech looks forward to enabling FairXchange to continue its growth journey and scale with it.

“As United Fintech will onboard the FairXchange’s clients and FairXchange will get an opportunity to grow within our clientele, this is a mutual win for both parties – and a milestone for United Fintech, completing its third transaction in just one year,” said Christian Frahm.

In addition, the CEO addressed that the acquisition wouldn’t have any impact on everyday business for FairXchange’s clients or employees, adding that ahead of the transaction, United Fintech showed Horizon to six major global banks, aligning it with their product roadmaps.