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London, England, United Kingdom
Developer of a cloud based FX trading platform designed to provide foreign exchange e-trading services. The company's software platform uses innovative technologies to support global order routing of cash equity products, futures and options, foreign exchange and fixed income instruments, enabling users to connect buy side institutions and sell side firms, improving market access, reducing connectivity costs, fully automating workflows and increasing trading efficiency.
Last updated
In 2021, BidFX's revenue reached $4.7M. Since its launch in 2017, BidFX has shown consistent revenue growth.
BidFX reached a $14.2M valuation in 2025, set during its M&A Offer round.
BidFX has raised $25M in total funding across 1 round, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $14.2M | - | |
| 2019 | Funding round | $25M | - | - |
CEO
Jean-Philippe Malé is the CEO of BidFX, SGXs subsidiary focusing on providing solutions to the Foreign Exchange market. Prior to this assignment, Jean-Philippe was the regional manager for Europe, Middle East and Africa and the chief executive of Galaxy, TSs pan-European fixed income multilateral trading facility, which he developed in 2011. He has been with TS for over 12 years. Malé has also served as the TS global head of OTC. He developed the first FX execution management system, built a global distribution team, and expanded the firms transaction business. Before 2011, Malé was based in London and New York where he served as global head of products for TS. He worked directly with upper-level management to implement the first multi-asset class execution management system. He received a Bachelor of Science in finance and computer engineering from Institut dInformatique dEntreprise and a masters in project management from Université du Québec in 2003.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
BidFX serves 100 customers.
BidFX employs approximately 82 people as of 2026. It serves 100 customers that rely on its solutions.
BidFX generates $4.7M in revenue.
BidFX was founded by Jean-Philippe Male.
The CEO of BidFX is Jean-Philippe Male.
BidFX raised $25M across 1 round.
BidFX has 82 employees.
BidFX is headquartered in London, England, United Kingdom.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$14.2M
2021 Revenue
$4.7M
Customers
100
Funding
$25M
Avg ACV
$47.4K
Team
82
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2021 | BidFX Hit $4.7m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 82 employees (April 2021) |
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