Overview
Milltech, a London-based platform specializing in FX hedging and cash investment solutions, has secured a €51 million ($60 million) minority investment from Apax Digital Funds, valuing the company at €277 million ($325 million). Founded in 2019, Milltech addresses the challenges of manual FX risk management by offering an automated platform that integrates various treasury operations. The investment will support its expansion in North America and enhance its treasury management capabilities, with reported revenue growth of 79% in 2024 and 73% in 2025.
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Investors: Apax Digital Funds
Milltech, a London-based platform specializing in FX hedging and cash investment solutions, has secured a €51 million ($60 million) minority investment from Apax Digital Funds, valuing the company at €277 million ($325 million). Founded in 2019, Milltech addresses the challenges of manual FX risk management by offering an automated platform that integrates various treasury operations. The investment will support its expansion in North America and enhance its treasury management capabilities, with reported revenue growth of 79% in 2024 and 73% in 2025.