Moment Completes $78M Funding Round Led by Index Ventures on May 20

According to Bloomberg, Moment, a fintech company founded by former Citadel Securities quantitative traders and researchers, completed a $78 million funding round on May 20, with Index Ventures leading the round and Andreessen Horowitz and Avra as existing investors participating. Moment has recently partnered with Edward Jones, LPL Financial Holdings, and Hightower Advisors to provide automated fixed income and equity trading technology. The company has developed a unified data model and regulatory-compliant control systems to support financial institutions in safely deploying AI agents.
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