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

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos. Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...
FinTech

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions. Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...
FinTech

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates. Highlights: Lloyds will restrict opening some bank accounts in branches.The...
FinTech

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus. Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...

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

Brink’s Strengthens Position with $6.6B NCR Acquisition

FinTech 0
Brink's expands its services through strategic acquisition of NCR's...

Barclays Strengthens Blockchain Payments Platform Discussions

FinTech 0
Bank explores blockchain vendors for enhanced payment solutions. Highlights: Barclays...

Lloyds Tightens Bank Account Opening Process in Branches

FinTech 0
The bank limits account openings amidst ongoing service updates. Highlights:...

Popular News

Brink’s Strengthens Position with $6.6B NCR Acquisition

FinTech 0
Brink's expands its services through strategic acquisition of NCR's...

Barclays Strengthens Blockchain Payments Platform Discussions

FinTech 0
Bank explores blockchain vendors for enhanced payment solutions. Highlights: Barclays...

Lloyds Tightens Bank Account Opening Process in Branches

FinTech 0
The bank limits account openings amidst ongoing service updates. Highlights:...

© 2026 FintechInshorts. All Rights Reserved.