NEW YORK--(BUSINESS WIRE)--Clear Street (“Clear Street,” “the Company”), a financial technology company on a mission to modernize the brokerage ecosystem, announced today that it has been recognized in CNBC’s list of the World’s Top FinTech Companies of 2024.
Presented by CNBC and Statista Inc., a leading statistics portal and industry ranking provider, Statista analyzed over 2,000 individual companies across eight market segments to determine the top fintech companies. Clear Street was honored in the Wealth Technology category.
Ashley DeSimone, Chief Marketing Officer of Clear Street, said, “Being named to CNBC's list of the World’s Top FinTech Companies of 2024 is a tremendous honor. The market is eager for a new player, and the team’s ability to create and provide innovative, customer-centric solutions across our Institutional and Active trading divisions has set us apart from the legacy players and investment banks who traditionally support asset managers across the globe. Today’s award illustrates that we continue to cement our position as a leader in the financial technology space, and we are just getting started.”
Clear Street currently processes an average of 2.5% of the gross notional US equities volume per day, which is $15 billion in daily notional trading value of US equities. In 2023, Clear Street developed more than 6,000 production releases to provide clients everything they need to clear, custody, and finance US equities, options, futures and fixed-income.
The awards list was announced on July 10, 2024, and can currently be viewed at https://www.cnbc.com/the-worlds-top-250-fintech-companies-2024/
About Clear Street
Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets. The firm started from scratch by building a completely cloud-native clearing and custody system designed for today’s complex, global market. In December 2023, Clear Street received a third tranche of Series B funding from Prysm Capital, increasing its Series B to $685 million and the firm’s valuation to $2.1 billion.
Clear Street’s proprietary platform adds significant efficiency to the market while focusing on minimizing risk, redundancy, and cost for clients. Clear Street’s goal is to create a single platform for every asset class, in every country, and in any currency. For more information, visit https://clearstreet.io.
Clear Street does not provide investment, legal, regulatory, tax, or compliance advice. Consult professionals in these fields to address your specific circumstances. These materials are: (i) solely an overview of Clear Street’s products and services; (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 of NFA. Additional information about Clear Street is available on FINRA BrokerCheck, including its Customer Relationship Summary and NFA BASIC | NFA (futures.org).
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