UK-based trading startup LO:TECH secures $12 million for global expansion
Financial technology startup LO:TECH has raised $12 million to fund its planned expansion into the United States and Asian markets.
London-based trading technology firm LO:TECH has secured $12 million in fresh funding. The company plans to use the capital to support its entry into the United States and Asian markets, signaling a push to scale its operations globally.
LO:TECH provides specialized technology solutions for trading platforms. As competition in the fintech sector intensifies, the company aims to leverage this new capital to increase its market share and enhance its technological infrastructure for a broader client base.
The investment reflects ongoing interest in trading automation software. LO:TECH will now focus on navigating the regulatory and operational requirements necessary for its upcoming expansion efforts.