Prop trading firm TradersYard has secured a new funding round from existing investor Andromeda Capital Partners Suisse.
The Vienna-based company said the investment will be used to support international expansion, new product launches, and the scaling of its operations across key markets.
Financial terms of the transaction were not disclosed.
The funding comes three years after TradersYard received its initial backing from Andromeda Capital Partners Suisse. The firm said it has since expanded its presence across Europe, Africa, and the Asia-Pacific region.
According to TradersYard, part of the new capital will be used to support the rollout of additional products, including an instant funded account offering that will allow traders to bypass the traditional evaluation phase.
The company also said it is preparing to launch instant payouts for traders.
The announcement follows the recent launch of the latest version of the TradersYard Platform, the firm’s proprietary trading platform. TradersYard is one of a relatively small number of prop firms that operate their own in-house technology stack rather than relying entirely on third-party providers.
“What attracted us to TradersYard from the beginning was its willingness to build rather than borrow,” said Ingmar Mattus, co-founder of Andromeda Capital Partners Suisse.
Mattus is a well-known figure in the retail trading industry and has been involved with several financial services businesses, including Tickmill and Change Securities.
