Fintech
Clear Street Named One of CNBC’s Top FinTech Companies in the World 2024
Clear Street has been recognized by CNBC and Statista for its innovation in fintech
NEW YORK, July 11, 2024–(COMMERCIAL THREAD)–Free road (“Clear Street,” “the Company”), a financial technology company dedicated to modernizing the brokerage ecosystem, today announced that it has been named to CNBC’s 2024 list of the World’s Best FinTech Companies.
Presented by CNBC and Statista Inc., a leading statistics portal and industry rankings provider, Statista analyzed more than 2,000 individual companies across eight market segments to determine the top fintech companies. Clear Street was recognized in the Wealth Technology category.
Ashley DeSimone, Clear Street’s Chief Marketing Officer, said: “Being named to CNBC’s 2024 list of the world’s best fintechs is a tremendous honor. The market is hungry for a new player, and the team’s ability to create and deliver innovative, client-centric solutions across our institutional and active trading businesses has set us apart from the incumbents and investment banks that traditionally support wealth managers around the world. Today’s award demonstrates that we continue to build on our position as a leader in the fintech industry, and we’re just getting started.”
Clear Street currently processes an average of 2.5% of U.S. equity gross notional volume per day, which is $15 billion in notional daily U.S. equity trading value. In 2023, Clear Street has developed over 6,000 production releases to provide clients with everything they need to clear, custody and fund U.S. equities, options, futures and fixed income securities.
The list of awards was announced on July 10, 2024 and can currently be viewed at https://www.cnbc.com/top-250-fintech-companies-in-the-world-2024/
About Clear Street
Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing legacy capital markets infrastructure. The company started from scratch by creating a fully cloud-native clearing and custody system designed for today’s complex global marketplace. In December 2023, Clear Street received a third round of Series B funding from Prysm Capital, increasing its Series B to $685 million and valuing the company at $2.1 billion.
Clear Street’s proprietary platform adds significant efficiency to the market while focusing on minimizing risk, redundancy and costs for clients. Clear Street’s goal is to create a single platform for every asset class, in every country and in every currency. For more information, visit Italian: https://clearstreet.io.
The story continues
Clear Street does not provide investment, legal, regulatory, tax or compliance advice. You should consult with professionals in these fields to address your specific circumstances. These materials are: (i) an overview of Clear Street’s products and services only; (ii) provided for informational purposes only; and (iii) subject to change without notice or obligation to replace any information contained therein.
Products and services are offered by Clear Street LLC as a Broker Dealer, member FINRA and SIPC, and a Futures Commission Merchant registered with the CFTC and member NFA. More information about Clear Street is available at FINRA BrokerCheckincluding your Customer Relationship Summary and NFA BASE | NFA (futures.org).
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View original version on businesswire.com: https://www.businesswire.com/news/home/20240711625456/en/
Contacts
Press contact:
press@clearstreet.io
OR
SEC of New York
Email: clearstreet@secnewgate.co.uk