The latest funding round was secured by Integral Development Corp, a technology provider to the buy-side of financial markets, $30 million from Vistara Growth. In turn, this infusion of capital will contribute to Integral’s growth while the company gradually expands its business operations.
Based on the communication, the firm is set to grow its employees and improve its product roadmap in view of the high demand for cloud-native services. Integral’s CEO, Harpal Sandhu, thanked Vistara as the ideal partner in support of monetary and operational grounds. It stressed the need to spend more time on the uptake and launching new products into other markets across the globe by Mr. Sandhu.
Integral is expanding to match growing demands
According to the official statement, as demand grows for its cloud-native solutions by customers, the company plans on growing its relief and extending its product roadmap. Harpal Sandhu, the Integral CEO, thanked Vistara for offering partnership support from a financial and operational viewpoint. Meanwhile, Sandhu stressed that emphasis should be laid on execution while capturing market share and introducing new products into global markets.
He said — “At a time of growth and opportunity for Integral, Vistara has emerged as the perfect partner to support us financially through their investment and operationally through their network of dedicated professionals and strategic partners. The supportive relationship allows our team to focus on execution as we expand our market share and roll out new products globally.”
Along with its suite of products, Integral forayed into the crypto realm last year by introducing technology offerings explicitly designed to meet this unique industry’s needs. Through its collaboration with Mint Exchange, a renowned institutional cryptocurrency exchange Inte, GRAL partnered on services such as aggregation and connectivity to liquidity providers; desktop and mobile client trading, among others; and risk management hot & cold storage custody solutions.
Integral position in the finance market
The importance of Integral can be seen in the finance market as banks and financial institutions globally move on to modern cloud-based alternatives that have replaced legacy systems or those developed by themselves. The modular SaaS platform offered by Integral is considered a good option for addressing the need for cloud adoption for capital markets and foreign exchange. Overall, Neil Kenley from Vistara Growth positively commented on Integral for impressive value creation with the help of effective workflow automation and liquidity aggregation functions.
About Integral Development Corp
Integral Development Corp is a globally acclaimed Fintech company providing innovative solutions to banks, brokers, and cross-border payment firms. They provide internal and external currency services along with trading solutions that are so actively trusted by their clientele. They are operating on a SaaS business model, which has been an essential component in the transformation of this transactional network. Integral Development Corp was among the earliest in cloud technology, putting up its SaaS infrastructure far earlier than ‘cloud’ could even become a household name in tech.
The company is a critical part of capital markets trading risk management as it provides the companies with software and online portals to banks and various other financial institutions. It is constantly innovating, with its most recent offering focused on clock trading. This spirit of ingenuity and commitment to providing practical solutions are what have made Integral Development Corpa a key currency technology provider.