A significant player in the financial technology space
Baymarkets AB was formed in 2007 by Peter Fredriksson, together with Klas Ekwall (Head of Development) and other members of staff, with venture capital firm Flamingo Partners LLC providing the seed capital, and Mr Hudson, Flamingo’s principal, served as its representative director.
In 2008 KTH Chalmers Capital (KCC), a Swedish venture capital firm, partially owned by the Wallenberg family fund FAM, invested in Baymarkets AB to support further growth of the business.
In June 2015, Flamingo Partners LLC and KTH Chalmers Capital (KCC) made a profitable exit from their investments in Baymarkets AB and Baymarkets Technology was formed. The company is fully owned by the former Baymarkets AB team.
In January 2016 we welcomed the team behind the clearing system Clara in Oslo, as part of our takeover of the support, maintenance and development of Clara from SIX x-clear. We are now co-marketing Clara together with SIX x-clear.
Baymarkets is recognised as a significant player in the financial technology space over the last few years and together with our clients and partners, we continue to build our technology capabilities and integrate the latest industry requirements into our solutions.