CloudMargin, a UK-based collateral and margin management service, has raised $15m in its series B round from a consortium including stock exchange operator Deutsche Börse and banks Deutsche Bank and Citi.
The money will be used to further develop the platform and expand in the US and Asia.
All three institutions will join CloudMargin’s board.
Tilman Fechter, head of banking, funding and financing at Clearstream, part of Deutsche Börse Group, said: “Its innovative and agile technology brings crucial momentum to all players…
