Moment, a company that provides financial institutions with tools to streamline workflows for their fixed income teams, recently pulled in $36 million in new funding. The Series B raise from lead investor Index Ventures and others brings Moment’s total capital raised to $56 million.
The company’s platform centralizes tools for trading, research, portfolio optimization, reporting and compliance monitoring. It delivers automation solutions that are designed to help fixed income teams win new business, increase revenue and grow productivity.
Backed by its fresh capital, Moment plans to fuel continued company growth. It will focus on advancing its partnerships with financial institutions, deepening research and development and expanding its New York-based workforce.
