Goldman Leads $38 Million Funding Round for Visible Alpha

Fintech firm to complete integration of Alpha Exchange and expand into Europe and Asia, with eye on potential further acquisitions.

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Along with Goldman Sachs, Santander, Macquarie Group, Bank of America, Morgan Stanley, UBS, Royal Bank of Canada, Wells Fargo, Citi, Jefferies and Exane BNP Paribas, as well as existing investors, participated in the funding round.

Visible Alpha operates a platform designed to facilitate the exchange of research, which is being radically changed under the revised Markets in Financial Instruments Directive (Mifid II). Since January 3, when the rules came into effect, firms have been obliged to s

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