BankingBusiness

Open Mineral: Raises $33m for metal commodity trading platform

Open Mineral: Raises $33m for metal commodity trading platform

  • Open Mineral advance the trade of base metal raw materials and secondary products using technology and analytics
  • Raised $33 million in a Series C funding round led by Mubadala Investment Company
  • Xploration Capital, Emerald Technology Ventures, Statkraft Ventures, and Lingfeng Capital joined the round
  • The metal raw commodities market is a $200 billion space, with most of its participants still trading via paper documents
  • Company looking to upend this, registering over 900 metals and mining companies to its digital platform
  • The company developed proprietary pricing algorithms it says drive broader value creation through the commodity supply chain
Previous article
Archtis: Reaches for Cipherpoint (ASX:CPT) software division
Next article
Bybit: Launchpad debuts with BIT token listing
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Santander Tests Agentic Payments Across Latin America

New payment experiment aims to innovate financial transactions in the region. Highlights: Santander launches agentic payments trial in Latin...
FinTech

European Fintechs Strengthen as Reliance on US Investors Tightens

Analysis reveals changing dynamics in European fintech investment landscape. Highlights: European fintechs are increasingly relying on local funding.US investors'...
FinTech

Lloyds Bank Users Face Severe Security Breach Amid Account Mix-Up

Multiple customers received information intended for strangers, raising concerns. Highlights: Lloyds Bank faced a security breach affecting multiple users.Customers...
FinTech

Lloyds Bank Tightens User Account Security Measures

Customer mistakenly accessed stranger's account, prompting changes. Highlights: Lloyds Bank users report accessing strangers' accounts.The incident raises concerns over...

Follow us

Daily fintech insights, global payment trends, and industry moves that matter. Because in finance, timing is everything.

Company

Other Sites

MedNextz.com

Latest News

Santander Tests Agentic Payments Across Latin America

FinTech 0
New payment experiment aims to innovate financial transactions in...

European Fintechs Strengthen as Reliance on US Investors Tightens

FinTech 0
Analysis reveals changing dynamics in European fintech investment landscape. Highlights:...

Lloyds Bank Users Face Severe Security Breach Amid Account Mix-Up

FinTech 0
Multiple customers received information intended for strangers, raising concerns. Highlights:...

Popular News

Santander Tests Agentic Payments Across Latin America

FinTech 0
New payment experiment aims to innovate financial transactions in...

European Fintechs Strengthen as Reliance on US Investors Tightens

FinTech 0
Analysis reveals changing dynamics in European fintech investment landscape. Highlights:...

Lloyds Bank Users Face Severe Security Breach Amid Account Mix-Up

FinTech 0
Multiple customers received information intended for strangers, raising concerns. Highlights:...

© 2026 FintechInshorts. All Rights Reserved.