Apax Digital, the growth equity arm of Apax Partners, has agreed a strategic growth investment in Wematch.live, a London-based technology platform for securities finance and capital markets workflows. Upon completion, expected in Q4 2026, Apax Digital funds will become Wematch’s majority shareholder, with the company continuing to operate independently.

Existing strategic investors Barclays, Deutsche Börse Group, JPMorgan, and Societe Generale will remain shareholders. Wematch’s management team, including CEO Joseph Seroussi, will also stay invested. The platform provides infrastructure for securities finance trades such as total return swaps and securities lending, supporting banks, brokers, and investors through a unified workflow connected via APIs.

Currently managing close to $2 trillion of notional and handling roughly $7 trillion in basket substitutions over the past year, Wematch operates a regulated multilateral trading facility in Europe and a broker-dealer and alternative trading system in the U.S. The new capital will fund product development, including data and AI capabilities, and international expansion in the Americas and Asia-Pacific.

“Market after market has been transformed by electronic workflows: equities, FX, rates, and credit. Securities finance is next, and Wematch is becoming its operating system,” said Mark Beith, partner at Apax Digital.