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MEMX

Fintech · Jersey City, United States · Founded 2019

Financial services startup that operates in the equity markets MoreLess

MEMX, short for Members Exchange, is a financial services startup that operates in the equity markets. The company was founded by members with the goal of representing all investors. MEMX's primary offering is a trading platform, MEMX Options, which started trading on September 27, 2023. The platform is designed to promote a fair, transparent, and efficient trading experience for all its users.

MEMX serves a wide range of clients, from institutional investors to retail traders. The company's leadership includes experts from major financial institutions such as Barclays, J.P. Morgan Asset Management, RBC Capital Markets, Citi, and Schwab. This diverse team brings a wealth of knowledge and experience to the table, enabling MEMX to continuously innovate and adapt to the changing needs of the market.

The company operates in the competitive equity markets sector, where it aims to drive simplicity, efficiency, and competition. It does this by offering a platform that is easy to use and understand, and by promoting healthy competition among traders. MEMX generates revenue by charging fees for trades executed on its platform.

In addition to its trading platform, MEMX also hosts discussions and panels on various topics related to exchange trading and market structure. These sessions, known as the X Sessions, provide valuable insights and perspectives on the future of exchange trading and the concept of healthy competition.

Keywords: MEMX, Members Exchange, equity markets, trading platform, institutional investors, retail traders, simplicity, efficiency, competition, X Sessions.

Company overview

MEMX company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2019
Headquarters
Jersey City, United States
Employees
131
Open positions
1
Dealroom signal
85.9
client focusb2bsub industryWealth ManagementsectorTradingbusiness modelSaaSindustryFintechsectorTrading Infrastructure

Valuation & funding

MEMX funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCOther financing Mar 2023 $0 Citadel Securities · Belvedere Strategic Capital · CTC Venture Capital · Chicago Trading Company
EARLY VCOther financing May 2020 $65M $260M Flow Traders · Wells Fargo and Company · Williams Trading · Manikay Partners
EARLY VCOther financing Mar 2020 $70M $280M Goldman Sachs · JP Morgan · Jane Street Capital
Showing 3 recorded eventsUnlock the complete deal history →

Growth signals

MEMX website traffic

Latest recorded traffic for MEMX is 8.6K monthly website visits, up 38.7% over the last three months. MEMX's team grew 3.1% over the past year.

Latest monthly visits8.6K 3-month web change+38.7% 1-year team growth+3.1%
Monthly website visits88 observations · Oct 2017–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

MEMX compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

MEMX's talent

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Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

15 investors on MEMX's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 8 investors entered at this stage
Goldman Sachs
JP Morgan
Jane Street Capital
Flow Traders
Wells Fargo and Company
Williams Trading
Manikay Partners
BlackRock
Series B+ 7 investors entered at this stage
Citadel Securities
Belvedere Strategic Capital
CTC Venture Capital
Chicago Trading Company
Optiver
IMC Trading
Virtu Financial

Global footprint

Where MEMX has talent and traffic

Workforce by country
5 countries with
team presence
🇺🇸 United States90.8%
🇱🇰 Sri Lanka3.1%
🇸🇪 Sweden3.1%
🇬🇧 United Kingdom2%
🇺🇿 Uzbekistan1%
5 countries shown

In the news

Latest news about MEMX

Recent press, funding announcements, and product moves mentioning MEMX — open to read from the original sources.

See all news

Market sentiment

What the market is saying about MEMX

An AI-synthesized read of the highest-engagement posts about MEMX on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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