Interchange

Based in the US, Interchange delivers innovative software solutions for securities clearing and custody, enhancing operational efficiency and compliance for institutional clients and private companies. Interchange, founded in 2023, is a Vancouver-based company specializing in securities clearing and custody solutions. The company has executed one notable deal, raising USD 17. 000 mn in Seed funding led by MS&AD Ventures on December 9, 2025, with participation from investors including BoxGroup, Liquid 2 Ventures, and Plug and Play.

Interchange specializes in modern securities clearing and custody solutions, providing a comprehensive suite of services designed to streamline the management of financial securities for institutional clients and private companies. Their core product offerings include advanced clearing and settlement processes that enhance operational efficiency and mitigate risks associated with securities trading. The company's services are tailored to address the complexities of post-trade operations, ensuring compliance and security throughout the lifecycle of asset management. Interchange primarily serves a diverse client base, including investment firms, hedge funds, and private equity groups across North America and Europe, which rely on their solutions to manage transactions securely and efficiently.

Interchange generates revenue through a structured approach that involves transaction-based fees for their clearing and custody services. Clients engage with the firm through a B2B model, forming partnerships that facilitate the secure handling of securities transactions. The revenue structure is centered around various service packages, which may include tiered pricing plans based on transaction volume and asset types. Flagship services include their proprietary clearing technology, which enhances the speed and accuracy of settlements.

This transactional framework allows for predictable revenue streams as firms rely on Interchange for ongoing operational support in managing their securities assets. In December 2025, Interchange raised USD 17. 000 mn in Seed funding to build a modern correspondent clearing firm and developer platform with direct connectivity to U. S.

financial markets, with plans to launch these initiatives in 2026. This funding will support the company's strategy for expanding into new geographic regions and enhancing their product offerings.