TradAir
End-to-end Financial Trading Tool
Company Overview
Snapshot
Founded in June 2010 by Ayal Jedeikin, TradAir operated with 11–50 employees and raised a total of $30,000,000 across 3 funding rounds from 5 investors. The company was acquired by ION Group in January 2021.
Business overview
TradAir develops front-office optimization solutions for financial institutions, enabling them to generate new revenue streams, reduce costs, and enhance client relationships. Its comprehensive product suite includes an end-to-end trading infrastructure, price creation, dynamic distribution, and trading optimization. The company's technology, based on HTML5 standards, delivers fast, secure, and customized applications, particularly for emerging markets where it helps banks and brokers price exchange rates using extensive, up-to-date data. TradAir operates within the Fintech & Insurtech sector, specifically in Trading & Investing, and serves financial services and institutions, including brokerages, capital markets, and banks.
Strategic signal
In January 2021, TradAir was acquired by ION Group, a leading global provider of trading, analytics, business information, and risk management solutions. This acquisition signifies a strategic consolidation within the financial technology sector, integrating TradAir's specialized FX and crypto front-office trading solutions into ION Group's broader ecosystem. For investors, this indicates a successful exit for TradAir and a strengthening of ION Group's position in capital markets by expanding its offering with advanced trading capabilities.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for TradAir?
- TradAir was acquired by ION Group, a global provider of trading and risk management solutions, in January 2021. This acquisition integrated TradAir's FX and crypto front-office trading solutions into ION Group's offerings.
- When did TradAir secure a contract with UOB Bullion and Futures?
- In June 2016, TradAir secured a contract with UOB Bullion and Futures, a Singapore-based brokerage.
- Which bank selected TradAir for its global FX solution?
- Israel's Bank Leumi selected TradAir for its global FX solution in June 2015.
- When did TradAir roll out its white-label trading technology?
- TradAir rolled out its white-label trading technology in January 2020.
- Which investors participated in TradAir's Series D funding round?
- In July 2019, TradAir completed an $11 million Series D round with participation from investors including Viola Ventures.