smartTrade Technologies, a provider of multi-asset electronic trading and payment platforms, has secured a strategic investment from private equity firm TA Associates. This investment will be complemented by contributions from smartTrade's CEO and Co-Founder, David Vincent, along with the management team, highlighting their commitment to the company's future.

Based in France, smartTrade operates in key financial centers such as London, New York, and Tokyo, offering Software as a Service (SaaS) solutions for electronic trading and payments. The partnership with TA Associates is anticipated to enhance smartTrade's product innovation, expand its geographic reach, and advance its AI-driven solutions.

As part of this transaction, Hg, a European investor in software and services, will completely divest its majority stake in smartTrade. Vincent emphasized that the collaboration with TA will bolster the company's ability to deliver innovative solutions to its customers, focusing on client-centric advancements, including increased AI integration and improved flexibility in hosting and execution.

Max Cancre, Managing Director at TA, praised smartTrade for its leadership in electronic trading and payments technology. He expressed confidence that the company's innovative culture and dedication to client success position it for sustained growth in the future.