Financial markets AI-analytics firm big xyt has secured a €10 million funding round to support its global expansion.
Big xyt has developed a comprehensive ecosystem for tick data analytics, covering over 120 trading venues across equities, ETFs, FX, and listed derivatives, with offerings available in T+1 and real-time. Its client base includes major global investment banks, asset managers, leading exchanges and trading venues, ETF issuers, and regulatory bodies.
This funding round, led by Finch Capital, represents the company’s first external investment following a decade of profitable bootstrapped growth.
Commenting on the investment round, Robin Mess, CEO of big xyt, stated: “Finch Capital’s support accelerates our product development and team growth and enables us to elevate our proven expertise to meet the rising demand for advanced analytics. This includes the need for automation and data-driven decisions to navigate regulatory pressures and maintain competitiveness in increasingly complex financial markets.”