Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

DKK Partners closes pre-seed funding raising £3m

by September 19, 2023
September 19, 2023
DKK Partners closes pre-seed funding raising £3m

DKK Partners, a leading Frontier Markets FinTech company which specialises in emerging markets (EM) and foreign exchange (FX) liquidity has announced the successful closing of their pre-seed funding raise, totalling £3 million, prior to Series B set to take place at the beginning of 2024.

The company surpassed their initial funding target by 33 per cent, marking a significant milestone in their journey to democratise access to FX liquidity sector by providing financial services across the globe, driving forward business opportunities and supporting banks or financial institutions in emerging markets.

The London based frontier markets trading house is oversubscribed, cementing its current pre-money valuation at approximately £100 million as they have seen record revenue growth over the last 3.5 years, expanding rapidly since it was founded in 2020. The funding will be used to drive forward further expansion opportunities in the coming years.

The news follows DKK Partners’ recent expansion into East Africa, opening its newest office in Nairobi, Kenya followed by Uganda and Tanzania which is supported by the successful attainment of the CONSUMAF licence which will help to accelerate its financial services operations in Africa.

Khalid Talukder, Co-founder of DKK Partners, said “At DKK Partners we saw value in providing the opportunity for those who have supported us over the years, helping us to build the organisation that exists today, to continue their support, share our success and give thanks to all who have been a part of our journey up until this point.”

“Our organisation has grown tremendously since it was founded and we are excited to continue our journey, reaching more emerging markets and improving global trade by improving the FX and payments sector. It is all too common that business opportunities can be delayed or missed without access to high quality financial services, and we are looking forward to seeing how DKK Partners can provide help to those who need it around the globe.”

Dominic Duru, Co-Founder of DKK Partners, said: “The pre-seed funding raise will continue to strengthen balance sheets, allowing us to invest in additional compliance and technology to help drive efficiency and distribution of our products and services. As we continue to scale up our organisations and expand our operations, our goal is to provide the highest quality FX and payments services, making trading in key markets such as Africa easy.”

“We hope to further disrupt markets and liberate a whole new generation of companies, from ambitious start-ups to established corporates, allowing our customers to develop clear strategies, manage currency risk and develop sharp pricing.”

Read more:
DKK Partners closes pre-seed funding raising £3m

0
FacebookTwitterGoogle +Pinterest
previous post
Britain lacks computing power for AI, CMA warns
next post
Royal Society set to boost number of black scientists

You may also like

Legal Myths and Misconceptions in the UK

August 8, 2024

Why Enterprises Should Invest in Custom Vehicle GPS...

December 1, 2024

Truck Invoice Factoring 101: How It Works And...

March 7, 2024

Regulators take over Silicon Valley Bank as failure...

March 12, 2023

Getting to Know You: Carlos Urbaneja, Security Consultant

November 17, 2022

Video Surveillance as a Guardian of Safety: Psychological...

July 23, 2025

Equal pay lawsuits threaten to cost retailers millions...

October 26, 2024

Dame Kate Bingham Celebrates ‘Astonishing’ $3bn Deal for...

May 30, 2024

Aira secures €150m to accelerate Europe’s switch from...

August 11, 2025

London offices lose fifth of their value in...

September 26, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump asks SCOTUS to uphold freeze on billions in USAID payments

      August 27, 2025
    • Three Years of Sounding the Debt Alarm at Cato and on the Debt Dispatch

      August 27, 2025
    • Trump Administration Rightly Attacks EU Tech Regulations but Tariffs and Censorship at Home Harm Americans 

      August 27, 2025
    • White House demands all Gaza hostages return home ‘this week’ amid stalled talks

      August 27, 2025
    • Bankruptcy, Hell, and Exit Barriers

      August 27, 2025
    • Trump’s DC Death Penalty Crusade Threatens More Tyranny of the Minority

      August 27, 2025

    Categories

    • Business (8,897)
    • Investing (2,246)
    • Politics (16,501)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved