London-based fintech firm MillTech has secured a $60 million minority investment from Apax Digital Funds. The funding round is the largest to date for the company and values the business at $325 million. MillTech serves as the fintech arm of Millennium Global Investments and provides a platform that automates the full foreign exchange lifecycle for fund managers and corporates.
The capital infusion is intended to support the company's expansion into the North American market and further the development of its AI-powered treasury products. Founded in 2019, MillTech provides services including trade calculation, execution, settlement, and transaction cost analysis.
Apax is an existing client of the platform, having utilized its technology across several funds to support investment operations. MillTech reports strong recent growth, citing 79 percent revenue growth in 2024 and 73 percent in 2025.
The capital infusion is intended to support the company's expansion into the North American market and further the development of its AI-powered treasury products. Founded in 2019, MillTech provides services including trade calculation, execution, settlement, and transaction cost analysis.
Apax is an existing client of the platform, having utilized its technology across several funds to support investment operations. MillTech reports strong recent growth, citing 79 percent revenue growth in 2024 and 73 percent in 2025.