# LMAX Group funding: rounds and investors > LMAX Group has raised $192M across 5 rounds since 2023. Investors include Ripple. Every round with its source. Source: https://millionrounds.com/company/lmax-group (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Funded startup](https://millionrounds.com/companies) # Who invested in *LMAX Group* 5 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Financial Services Raised 10 months ago Valuation: $1.0B, Oct 2024 Funding summary Updated 26 Oct 2026 **$192M** raised across 5 rounds since 2023, from 5 sources **$5.0M** Round **$4.9M** Round **$6.3M** Round **$26M** Round **$150M** Debt - **Latest round:** Debt, $150M Jan 2026 - **Step-up i:** 5.8× - **Investors:** 1 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2024 2025 2026 **$5.0M** Round **$4.9M** Round **$6.3M** Round **$26M** Round **$150M** Debt - **First round:** Round, $5.0M - **Biggest round:** $150M - **Usual gap between rounds:** 9 months ## The rounds - **Jan 2026** Debt **$150M** *1 new* [Ripple](https://millionrounds.com/fund/ripple) Source recorded - **Mar 2025** Round **$26M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Mar 2024** Round **$6.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Oct 2023** Round **$4.9M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **May 2023** Round **$5.0M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators LMAX Group filed 4 raises, $42M in all. Filings say how much was sold and to how many investors; they never name the investors. - Mar 2025 **$26M** UK share allotment - Mar 2024 **$6.3M** UK share allotment - Oct 2023 **$4.9M** UK share allotment - May 2023 **$5.0M** UK share allotment ## Everyone who backed them [Ripple](https://millionrounds.com/fund/ripple) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lmax-group). ## Quick answers about LMAX Group ### Who invested in LMAX Group? LMAX Group's investors include Ripple. ### How much has LMAX Group raised? LMAX Group has raised $192M across 5 rounds since 2023. ### When did LMAX Group last raise? LMAX Group's most recent round was a Debt of $150M in Jan 2026. ### What was LMAX Group's biggest round? Its most recent round, $150M in Jan 2026, is also its largest on record. ### Who backed LMAX Group first? LMAX Group's first round on record, in Jan 2026, was backed by Ripple. ### What stage is LMAX Group at? LMAX Group's latest named round is a Debt, in Jan 2026. ### Where is LMAX Group based? LMAX Group is based in the United Kingdom. ## Companies like LMAX Group In the same sector, and raised in the last eighteen months. [**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**TrueLayer** $376M · Oct 2026](https://millionrounds.com/company/truelayer)[**ELEMENTARYb** $4.2M · Sept 2026](https://millionrounds.com/company/elementaryb)[**Quartz** $3.7M · Sept 2026](https://millionrounds.com/company/quartz)[**Oxane Partners** $32M · Sept 2026](https://millionrounds.com/company/oxane-partners)[**Fintuity** $5.4M · Sept 2026](https://millionrounds.com/company/fintuity) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app