Interbank FX Raises $40M

Salt Lake City, Utah-based Interbank FX, a provider of online foreign exchange trading, said Thursday that it has raised $40M in a minority equity investment from Spectrum Equity Investors. Interbank FX said it will use the funding to further position the company for its next stage of growth. Interbank FX provides online spot forex trading. Spectrum Equity Investors is a private equity investor with more than $4B under management. More information »