In a significant move for the securities finance sector, Wematch.live has announced a strategic investment from Apax Digital Funds the growth equity arm of Apax Partners. This investment is poised to accelerate Wematch’s expansion across securities finance and capital market workflows.
The investment underscores the growing importance of electronic workflows in transforming traditional financial markets. With this backing, Wematch is well-positioned to enhance its platform and solidify its role as a key player in the industry.
Strengthening the foundations of Wematch
Wematch, which was founded a decade ago, has always aimed to simplify securities finance by integrating trading and workflows on a single platform. This vision has resonated with major financial institutions, leading to the involvement of strategic investors such as BarclaysDeutsche Börse GroupJ.P. Morgan and Societe Generale.
With the new investment from Apax Digital Funds, Wematch will continue to operate independently, serving all market participants. The completion of this investment is expected in the fourth quarter of 2026, at which point Apax Digital Funds will become Wematch’s majority shareholder.
The vision behind Wematch’s growth
Joseph Seroussi CEO of Wematch, expressed his enthusiasm about the investment, stating, “Our vision was to bring trading and workflows together on a single platform, eliminating unnecessary complexity so market participants could focus on what they do best.” He further emphasized that the support from Apax and the continued involvement of the strategic investors will strengthen Wematch’s position as a globally regulated market infrastructure for securities finance.
The platform currently manages close to US$2 trillion of ongoing notional and has handled over US$7 trillion of basket substitutions in the past year. This impressive track record highlights the platform’s efficiency and reliability in the securities finance sector.
Apax Digital’s perspective on the investment
Mark Beith partner at Apax Digital, shared his insights on the investment, noting that “Market after market has been transformed by electronic workflows: equities, FX, rates, and credit. Securities finance is next, and Wematch is becoming its operating system.” He emphasized that the platform’s regulated infrastructure already supports close to US$2 trillion of notional, with the world’s leading banks and market infrastructure providers as both customers and shareholders.
This strategic investment is not just a financial backing but a vote of confidence in Wematch’s ability to revolutionize the securities finance industry. With the support of Apax Digital Funds and its existing strategic investors, Wematch is poised for significant growth and innovation in the coming years.
