TickTrade Systems receives investment

TickTrade Systems has announced a new investment by and relationship with SVB Financial Group

First Published by e-Forex News: December, 2019

Baha Ohcebol, CEO and co-founder of TickTrade
Baha Ohcebol, CEO and co-founder of TickTrade

TickTrade Systems Inc., the Toronto based technology firm providing next generation foreign exchange trading and payments solutions for financial institutions, has announced a new investment by and relationship with SVB Financial Group, the parent company of Silicon Valley Bank. TickTrade will use the investment to further its global growth strategy and develop new products and solutions. TickTrade’s innovative FX risk management and trading platform provides tools to optimize access to FX market liquidity and distribute FX rates to SVB clients via a broad range of channels. Baha Ohcebol, CEO and co-founder of TickTrade, said: “We are very pleased to introduce Silicon Valley Bank as a new client and investor. The relationship with SVB solidifies our position as a leading supplier of innovative FX trading and payments solutions to the global financial market.”