MillTech
MillTech is a company based in United Kingdom. Builders in Fintech has recorded 1 equity round for MillTech: a growth round of $60M on 9 April 2026.
Added ·
- $60M
- Growth · $60M · 9 April 2026 · led by Apax Digital
Timeline
Growth · $60M · Apax Digital (lead)
All funding rounds in the database
Product
Independent FX risk and cash management platform for corporates and funds
Capital markets infrastructure
MillTech is an independent FX risk and cash management platform for corporates, investment managers and institutional investors. Launched in 2019, it combines multi-bank FX execution on one platform, express ISDA onboarding, independent transaction cost analysis (TCA), automated end-to-end FX workflows and cash management. Co-Pilot is its AI-powered risk advisory tool for treasury teams, covering hedging simulations, cost-of-carry analysis, liquidity scenarios, cash optimisation and governance controls. MillTech says it offers margin-free hedging for FX forwards, with no initial or variation margin to post. In a 2024 post the company reported annualised client FX volumes above $200 billion.
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Description from the company website · Source