Family office backs fixed income fintech

It’s back to his roots for Kapstream Capital’s retired co-founder Kumar Palghat, as his family office takes an equity stake in a new fixed income execution fintech.

KPY Pty Ltd has made a cornerstone investment in Liquidity Cube, an ASIC-regulated fixed income execution market and analytics provider which got its Australian markets licence in December last year.

Palghat joins Kasptream portfolio manager Dan Siluk, Ardea Investment Management portfolio manager Cameron Shaw, and Stuart Plane on Liquidity Cube’s eight-strong shareholders’ register.

Liquidity Cube offers a platform for executing fixed income trades and analytical tools for liquidity matching and market flow.

The company believes it can be a viable alternative to Bloomberg terminals on trading desks.

It will use the Palghats’ investment to grow its business development team, consolidate current offering, onboard bank and buy-side investors expand current capabilities.

To read more, please click on the link below…

Source: Family office backs fixed income fintech | Financial Standard