The FinTech Report
The FinTech Report
The FinTech Report Podcast: Episode 42: Max Cunningham, CEO, FCX
The FinTech Report Podcast: Episode 42: Max Cunningham, CEO, FCX
FCX describes itself as “A new era for private markets. FCX helps companies better manage their investors and securities.”
FCX was conceived and built for the private investment sector with the simple goal to replicate the listed market ‘user experience’ for unlisted assets. As a result, we are Australia’s first universal equity management platform built specifically for private companies. FCX enables unlisted companies to manage their cap table, employee equity, capital raising process, shareholder liquidity and much more via a consolidated platform.
FCX utilises class-leading Distributed Ledger Technology (DLT) infrastructure and couples our deep capital markets experience to automate and streamline the many arduous and time consuming administration tasks associated with managing a company's investors and securities.
Max Cunninghan is the CEO of FCX; his background includes Group Executive for Listings at the ASX, Head of Equity Capital Markets at Goldman Sachs, and over a decade at Macquarie Bank.
In this episode, we discuss:
1. Why FCX? What problem does it solve for?
2. What does the name ‘FCX’ mean – is it a play on ASX?
3. Why do secondary equity markets need to exist?
4. How does FCX work? Matched trades? (also legal angle, regulation, liquidity, disputes)
5. Traction; typical clients? – can you discuss case studies? Success stories? How much do people raise?
6. Benefits of FCX for equity owners and founders, staff etc
7. What resources do FCX listed companies need? Audited accounts, company secretary?
8. Growth of the FCX team, backing from Finclear
9. How does FCX earn money? Annual Fees. Listing fees etc
10. Do you de-list? How do you control the bad actors/bad players?
11. Is FCX an on ramp for ASX?
12. Future vision, plans etc
FinTechs interested in options for share registry, capital raisings etc: please contact Max on max@fcx.com.au