smartTrade Technologies, a global provider of multi-asset electronic trading and payment platforms, has announced a significant new investment from TA Associates. This latest development marks the full exit of Hg, smartTrade’s previous majority investor, and introduces a new chapter of growth for the company. As part of the deal, smartTrade’s CEO, David Vincent, along with the existing management team, will co-invest alongside TA Associates. The partnership is expected to supercharge the company’s innovation, international reach, and AI-powered offerings.
smartTrade Eyes Expansion with New Backing from TA Associates
“We’re incredibly thankful to Hg for their support over the last five years,” said David Vincent, CEO and Co-Founder of smartTrade. “During that time, we successfully doubled our revenue, completed our first acquisition to strengthen our presence in North America, and established a strong foundation for future scalability.”
Looking to the future, Vincent emphasized smartTrade’s dedication to pioneering customer-focused innovations. “Our goal is to accelerate the adoption of AI technologies and offer greater flexibility in how our solutions are deployed and executed—ensuring we remain responsive to the evolving needs of our clients,” he added.
Based in Aix-en-Provence, France, smartTrade serves a global client base with cutting-edge SaaS-based trading and payment solutions. The company operates across major financial hubs, including London, Paris, New York, and Tokyo.
Hg Concludes Its Investment Journey
Hg initially partnered with smartTrade in 2020 and has played a pivotal role in supporting the company’s growth and transformation. Under Hg’s tenure, smartTrade saw its revenue double and successfully expanded into North America through strategic acquisitions.
TA Associates, a globally recognized private equity firm with deep experience in technology and financial services, will now support smartTrade in its next growth phase. The investment—currently pending regulatory approval—is expected to enhance the company’s AI capabilities and further strengthen its technology stack.
“We’ve had a close and collaborative relationship with smartTrade since 2020, helping position the company as a leading provider of modern trading and payments technology,” said Sebastien Briens, Partner at Hg. “We’re proud of what’s been achieved and wish David and his team continued success as they enter an exciting new chapter with TA Associates.”