The Belgrade-based startup TradeCore, headed by Stefan Pajkovic, has received an investment of USD 3 million for a faster development of unique tools for participants in the global capital market.
The company currently consists of over 50 employees, and the investment is to be followed by an expansion to the market of Asia and the opening of offices in Tel Aviv.
As South Central Ventures, the fund which largely headed this round, says, TradeCore penetrated the market thanks to the platform and unique tools for participants in the global capital market and companies providing financial services to individuals.
The company is currently developing several products, providing a varied range of services a fintech startup can offer, and TradeCore boasts operations in several verticals – fintech, regtech, payments and crypto-currencies.
– The funds will be used for an expansion to the Asian market and the opening of new offices in Tel Aviv and elsewhere. We plan to expand our pool of big clients, accelerate product development and raise awareness of our operations in the market – Pajkovic said.