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MarketFactory obtains capital from Accel-KKR

MarketFactory Inc., a financial technology company based in New York, London and Singapore, received financing from California-based venture capital firm Accel-KKR LLC.

The new funding, which amounts to $3.7 million based on S&P Global Market Intelligence data, will enable MarketFactory to enter new markets and provide its services to currency traders worldwide.

MarketFactory provides a cloud platform that allows banks, brokers and funds to trade on global markets instantly.