Since 2015, VentureFounders has successfully supported freemarketFX on a total £4.2 million equity raise over four funding rounds alongside angel investors and chairman Rich Ricci. Most recently in August 2017, VentureFounders was pleased to invest in freemarketFX’s latest £1.2m round. 

freemarketFX is an FCA authorised, innovative peer-to-peer currency exchange, focused on the high-value B2B commercial spot FX market.

Through its platform, the company significantly reduces currency exchange costs for businesses and provides the ability to aggregate FX requirements with other participants to optimise rates.

freemarketFX was founded and is led by Alex Hunn, who has 18 years’ experience in the FX market with Credit Suisse and Deutsche Bank.

This funding round, supported by VentureFounders, allows us to accelerate our already ambitious growth strategy and develop our team even further.


Key Investment Highlights

  • Scalable business in a very large market ripe for disruption

  • Fully operational and experiencing strong client growth

  • Substantial cost savings for clients and viable alternative to banks and brokers

  • Strong, experienced management team