HUBX closes further investment led by Mandalore Partners and ACF Investors

October 27 2021, London: HUBX, a deal syndication platform for banks and brokerage firms, welcomes two new investors, Mandalore Partners and ACF Investors’ Delta Fund. They join other existing investors including Barclays and Basinghall Partners.

HUBX clients and partners include Tier 1 banks, Finastra and Barclays.

The platform allows financial institutions to digitise their syndicated lending and private placement transactions by collaborating safely with other organisations without sharing private data. This gives every HUBX client access to other client networks for deal syndication and joint bookrunning on a private basis.

HUBX simplifies collaboration between banks by allowing institutions of all sizes to quickly deploy their own deal syndication platform and share deals on their own terms privately. Each platform leverages actionable insights and structured data that connects with back-office systems such as Fusion Loan IQ, to deliver a single source of truth and straight through processing. 

Axel Coustere, co-founder of HUBX said

“Banks are embracing end-to-end execution and better customer experience across the value chain. The front-end deal syndication process is the logical next step in terms of digitisation in capital markets. We look forward to working with Mandalore Partners and ACF Investors on delivering platform adoption in this space.”

Stephen Ong, co-founder of HUBX added

“We are excited to be digitally connecting more players in the private deal syndications markets. By providing a single infrastructure to large and small banks alike, we can deliver significant efficiency gains for large institutions, cost-effective cutting-edge technology to the smaller ones and digital transformation of front office operations, out of the box.”

Minh Q. Tran, managing partner at Mandalore, said

“Mandalore Partners invests in Insurtech and focuses on Decentralized Finance (#DeFi) with possible acceleration in adopting blockchain technology. Hence, we want to onboard more institutional investors on marketplaces or blockchain platforms to assess new alternative assets in private equity.”

Tim Mills, managing partner of ACF Investors, said

“HUBX has built a robust, highly usable and extremely scalable platform to improve the efficiency, but also enhance the client experience, for one the largest areas of capital markets. With the traction they now have with major institutions in both Europe and the US serving to re-enforce the strength of the value proposition. We are therefore delighted to be supporting the founding team of Stephen and Axel on this journey, through this latest tranche of funding that will help to build on the Company’s momentum.”

About HUBX

Headquartered in London, The Hub Exchange Limited (“HUBX”) delivers state-of-the-art deal syndication platforms to help banks, brokers, exchanges and asset management firms execute private transactions within their own network and beyond. It helps financial institutions meet time-critical deal execution deadlines and reduce dramatically costs associated with executing and syndicating private transactions. HUBX delivers its robust, secure platform directly as well as through outsourcers and major industry service providers. 

Further information can be found at: hubx.capital.

About Mandalore Partners

Mandalore works with insurance companies, institutional investors, and fund managers to invest at scale in real and alternative assets, with strong technology expertise and exposure to startups seeking to disrupt traditional players in Fintech, Insurtech, Proptech, Wealthtech, and Impact Finance. Mandalore has offices in Paris, London, and Luxembourg.

Further information can be found at: mandalorepartners.com.

About ACF Investors (“ACF”)

Based in London, ACF manage £100m active co-investment funds that seek to achieve consistent returns by partnering with experienced syndicates of angel investors to help fund and scale early-stage businesses. Built on the experience of many investments across multiple funds, the ACF coinvests with angel investors and provides its capital, experience and support. ACF is a proponent of patient capital, making conscious long-term investments to help companies reach their full potential and generate the best returns.

Further information can be found at: acfinvestors.com.