FundedIQ
Commerce and Shopping

LMAX Group: Funding, Investors & Team (Aug 2026)

The LMAX Group is a global financial technology company and the leading independent operator of multiple institutional execution venues for FX and crypto currency trading. Delivering a transparent, neutral, global marketplace for all participants, the Group services funds, banks, asset managers and retail brokerages in over 100 countries. LMAX Group builds and runs its own high performance, ultra-low latency global exchange infrastructure, which includes matching engines in London, New York and Tokyo. The Group’s portfolio includes LMAX Exchange (institutional FX exchange and FCA regulated MTF), LMAX Global (FCA and CySec regulated brokers) and LMAX Digital (GFSC regulated institutional spot crypto currency exchange).

www.lmax.com LinkedIn London, United Kingdom 101-250 employees
Financial Services FinTech Marketplace
Total raised
$300M
Rounds
2
Latest
Seed
Feb 2023

LMAX Group has raised $300M across 2 funding rounds on record, the most recent a Seed of $30k announced in Feb 2023.

That round is below the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

LMAX Group Company Profile and Key Stats

Total funding raised
$300M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$30k in Feb 2023
Employees
101-250
reported band
Headquarters
London, United Kingdom

Latest funding round on record: Feb 2023.

LMAX Group Funding Rounds

Date
Round
Amount
Seed
$30k
Secondary Market
$300M

LMAX Group raised $300M in a Secondary Market announced in Jul 2021.

1.6 years later, a Seed of $30k was announced in Feb 2023.

LMAX Group Founders and Leadership Team

Name
Role
Contact
David Mercer
CEO
Locked

Contact details for the LMAX Group team: 1 of 1 has an email address on file.

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LMAX Group Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
5,273
$4.0M
16,485
$3.1M

LMAX Group's latest round of $30k is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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LMAX Group Funding FAQs

What does LMAX Group do?

The LMAX Group is a global financial technology company and the leading independent operator of multiple institutional execution venues for FX and crypto currency trading. Delivering a transparent, neutral, global marketplace for all participants, the Group services funds, banks, asset managers and retail brokerages in over 100 countries. LMAX Group builds and runs its own high performance, ultra-low latency global exchange infrastructure, which includes matching engines in London, New York and Tokyo. The Group’s portfolio includes LMAX Exchange (institutional FX exchange and FCA regulated MTF), LMAX Global (FCA and CySec regulated brokers) and LMAX Digital (GFSC regulated institutional spot crypto currency exchange).

How much funding has LMAX Group raised?

LMAX Group has raised $300M across 2 rounds on record. The most recent is a Seed of $30k announced in Feb 2023.

When did LMAX Group last raise funding?

LMAX Group's most recent funding round on record is a Seed of $30k, announced in Feb 2023.

Who is the CEO of LMAX Group?

David Mercer is listed as CEO at LMAX Group.

Where is LMAX Group headquartered?

LMAX Group is based in London, England, United Kingdom.

How many employees does LMAX Group have?

LMAX Group is in the 101-250 employee band.

How does LMAX Group's funding compare to other Commerce and Shopping startups?

LMAX Group's latest round of $30k is below the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's LMAX Group Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for LMAX Group is left off this page rather than filled in.

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