Startup · $10m raised
Every investor coverage indicates participated in a round OpenMarkets raised.
| Investor | Rounds | Invested |
|---|---|---|
| E&P Corporate Advisory | Unnamed stage | - |
| Investec Corporate Advisory | Unnamed stage | - |
The transaction that ended OpenMarkets's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Lake Superior Acquisition Company | Merger | 2026 | ~$300m | Australian FinTech (Mon 13 Apr 2026), Australian FinTech (Tue 27 Jan 2026) |
Companies OpenMarkets acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming OpenMarkets. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Openmarkets Group has bought trading-education provider FXE Trading Academy, paying an undisclosed price, the latest move in a 2025 strategy that also included a DeFi push and a merger agreement with a Nasdaq-listed company.
Openmarkets Group has agreed a merger with Nasdaq-listed SPAC Lake Superior Acquisition Corp, expected to complete in 2026, giving the combined company a Nasdaq listing at a roughly USD300 million enterprise value.
Also Australian FinTech
Australian trading and wealth-tech firm Openmarkets Group says it is exploring a major funding round to drive its DeFi push across Asia and the US, with owner Boman Group backing the effort.
Australian trading and wealth technology firm Openmarkets Group has signed a definitive merger agreement with Nasdaq-listed SPAC Broad Capital, valuing it around US$90 million, with the combined entity expected to list on Nasdaq.
Weekly roundup of nine Australian startup raises, led by SimPRO's $485.6 million round, plus SimPRO's acquisitions of AroFlo and ClockShark and Open Markets Group's buyout of Cannon Trading.
Also Startup Daily·SmartCompany·Techboard·SmartCompany·SmartCompany
Openmarkets Group grew its pre-IPO funding to 17.8 million dollars and agreed to buy the remaining share of trading tech developer Cannon Trading, while adding several senior staff.
Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.
Roundup items: PayPal's buy-now-pay-later launch for Australia, bids for Jack Dorsey's tweet NFT, Dropbox buying DocSend, an eSports forecast, and OpenMarkets' $10 million pre-IPO raise.
Funding roundup covering raises by OpenMarkets, Mastt, Smrtr, The Nile Group and Preply, with Aconex's founders among Mastt's backers and Peter James joining The Nile as chairman.
TradeFloor completed acquisitions of stockbroker OpenMarkets and CCUBE's wealth management technology, with all three now under OpenMarkets Group; CCUBE had entered administration after a failed capital raise.