Overview of the transaction
United Fintech continues to accelerate its mission to become the end-to-end solution for the future of banking with its acquisition of Cobalt.
Cobalt will enable United Fintech to serve the urgent demand for institutional-grade infrastructure for FX and digital assets. United Fintech will onboard Cobalt, its clients and employees onto United Fintech’s industry redefining platform.
Overview of United Fintech and Cobalt
Launched in 2020 by Christian Frahm, United Fintech was established to provide banks and financial institutions with easy access to innovative and industry leading financial technologies, all from a single provider. United Fintech acquires proven capital markets technology companies and onboards them onto a central operational and legal platform for accelerated growth and customer engagement. To date, United Fintech has made 4 other investments/acquisitions, including: Netdania, TTMZero, Athena Systems and FairXchange.
Cobalt provides Tier1 regulated institutions with critical infrastructure for foreign exchange (“FX”) and digital assets (“DA”) on an interoperable platform with standardised trade data, optimisation and post-trade services. Exchanges, OTC market makers, agency brokers, as well as both digital and fiat custodians connect to provide market takers access to deep and transparent liquidity, trading functionality and post trade services.
Royal Park Partners’ role
Royal Park Partners acted as exclusive financial advisor to United Fintech and its shareholders throughout the transaction. This transaction highlights Royal Park Partners’ unrivalled experience in the crypto, De-Fi and capital markets technology space.
Disclaimer
The information contained in this document and any communication or documents or other materials distributed at or in connection with the document (together, the "Presentation") is confidential and is being made to or directed to in the United Kingdom only to (i) persons who have professional experience in matters relating to investments (being "investment professionals" within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FPO")) or (ii) persons falling within Article 49(2) ("high net worth companies, unincorporated associations etc") of the FPO or (iii) persons who are otherwise permitted by law to receive it (all such persons being "Relevant Persons"). This presentation may not be disseminated, distributed or used without the prior written consent of Royal Park Partners and Sapia Partners LLP (the “Companies”). The information contained in the Presentation is not intended to be viewed by, passed on or distributed (directly or indirectly) to, any other category of persons. Any investment or investment activity to which the Presentation relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. This Presentation must not be acted or relied upon by persons who are not Relevant Persons. Royal Park Partners is an Appointed Representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority.
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