BlockBeats News, May 20th. According to Bloomberg, Moment is a fintech company founded by a former Citadel Securities quant trader and researcher. After signing partners such as Edward Jones, LPL Financial, and Hightower Advisors in the past year, the company has completed a $78 million funding round. This round was led by Index Ventures, with existing investors Andreessen Horowitz and Avra also participating.

Moment primarily assists financial institutions in automating fixed-income and equity trading technology. The company's previous funding round was in July last year, with a financing amount of $36 million.