FundedIQ
Financial Services

Spark Systems: Funding, Investors & Team (Sep 2026)

Spark Systems are builders of next generation; fast, smart and efficient trading platforms. We believe that the current foreign exchange buy and sell sides can be better served when redefined by Spark Systems. From local banks to hedge funds; retail traders to corporate treasuries; Spark Systems aims to serve specific requirements of the various FX trading subgroups. Our objective is to enhance usability and improve trading efficiency to enhance user experience by providing a stable, ultra-low latency aggregator with algorithms for optimised execution. We provide an innovative solution to today's segmented and under-served FX market participants. Spark aims to differentiate itself by using the latest in technology to improve the user experience in trading and execution. Through a stable and fast platform, Spark Systems also provides analytics to assist the user to capitalise on their liquidity and trading requirements.

www.sparksystems.sg LinkedIn Singapore, Singapore 51-100 employees
Financial Services FinTech Foreign Exchange Trading Venture Capital B2B
Total raised
$15.0M
Rounds
2
Latest
Series C
Oct 2024

Spark Systems has raised $15.0M across 2 funding rounds on record, the most recent a Series C announced in Oct 2024.

Spark Systems Company Profile and Key Stats

Total funding raised
$15.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Series C
Oct 2024
Employees
51-100
reported band
Headquarters
Singapore, Singapore

Latest funding round on record: Oct 2024.

Spark Systems Funding Rounds

Date
Round
Amount
Series C
Undisclosed
Undisclosed round
$15.0M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Spark Systems raised $15.0M in an undisclosed round announced in May 2020.

4.4 years later, a Series C was announced in Oct 2024 with no disclosed amount.

Spark Systems Founders and Leadership Team

Name
Role
Contact
Wong Joo Seng
Founder
Joo Seng Wong
CEO
Locked

Contact details for the Spark Systems team: 1 of 2 have an email address on file.

Start 14-day free trial →

Spark Systems Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
985
$5.0M
1,814
$58M

Funded Startups Like Spark Systems in Financial Services and Singapore

Companies Similar to Spark Systems

Founded by Jeffrey Liu and Justin Louie, Jenfi is an alternative revenue-based financing company for…

Undisclosed round $2.5M

Ant International wants to be the most creative and reliable digital partner to promote growth that is…

Series A $1.2B

Elite Commercial REIT is a real estate investment firm. They principally invest, directly or indirectly, in…

Undisclosed round $9.9M

Handshake Finance is a fintech company that builds the first accessible and highly customizable industry…

Pre-Seed $390k
Series A $10.5M

Biobot Surgical is a global technology provider in minimally-invasive robotic healthcare solutions.

Series C $7.8M

Thakral is a dynamic firm that delivers solutions and services to drive sustainability in the area of real…

Undisclosed round $171M

MetaComp delivers secure, seamless solutions for managing both traditional and digital assets.

Seed $13.0M

Lyte provides a fintech platform for solopreneurs, freelancers, real estate agents, and SMEs in Singapore and…

Undisclosed round $4.2M

UangCermat seeks to close the gap between South East Asia's underbanked and unbanked populations and their…

Undisclosed round $20.0M

Knight FinTech specializes in financial technology for Banks and Financial Institutions in the area of…

Series A $23.6M

Southeast is a financial technology company that employs advanced data and artificial intelligence to support…

Series D $30.0M

Spark Systems Funding FAQs

What does Spark Systems do?

Spark Systems are builders of next generation; fast, smart and efficient trading platforms. We believe that the current foreign exchange buy and sell sides can be better served when redefined by Spark Systems. From local banks to hedge funds; retail traders to corporate treasuries; Spark Systems aims to serve specific requirements of the various FX trading subgroups. Our objective is to enhance usability and improve trading efficiency to enhance user experience by providing a stable, ultra-low latency aggregator with algorithms for optimised execution. We provide an innovative solution to today's segmented and under-served FX market participants. Spark aims to differentiate itself by using the latest in technology to improve the user experience in trading and execution. Through a stable and fast platform, Spark Systems also provides analytics to assist the user to capitalise on their liquidity and trading requirements.

How much funding has Spark Systems raised?

Spark Systems has raised $15.0M across 2 rounds on record.

When did Spark Systems last raise funding?

Spark Systems' most recent funding round on record was announced in Oct 2024. The amount was not disclosed.

Who founded Spark Systems?

FundedIQ lists Wong Joo Seng (Founder) at Spark Systems.

Who is the CEO of Spark Systems?

Joo Seng Wong is listed as CEO at Spark Systems.

Where is Spark Systems headquartered?

Spark Systems is based in Singapore, Central Region, Singapore.

How many employees does Spark Systems have?

Spark Systems is in the 51-100 employee band.

About FundedIQ's Spark Systems 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 Spark Systems is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.