Fintech Startup Royalty Exchange Raises $6.4 Million

Royalty Exchange announced it has secured $6.4 million in financing from an undisclosed investor.

Founded in 2011, Royalty Exchange aims to be the leading online platform for buying and selling royalties. The company offers a centralized, open marketplace to conduct royalty auctions, bringing transparency to an historically private process. The goal is to maximize value for royalty owners and provide a standardized and secure alternative investment opportunity for buyers and investors.

According to the company, the new funds will go toward hiring additional staff and investing in new technology.