What Pac Square Technologies does

Pac Square Technologies (operating as Pacsquare) is a private fintech software provider founded in 2011, headquartered in Washington, with offices in Addison (Texas), London, and Islamabad. The company sells a modular, cloud-native platform spanning equity and options trading, crypto trading, digital onboarding with KYC/AML, digital payments, an AI-driven robo-advisory platform, back-office clearing and settlement, a DLT-based clearing and trading system (PACATS), a FIX protocol engine, and institutional trading solutions. Underlying architecture is microservices-based with containerization, an orchestration layer designed to interoperate with third-party fintech providers, and integrations spanning OMS, CRM, ERP, payment processors, and market data feeds (including dx feed).

The company serves broker-dealers, investment managers, banks, institutional firms, exchanges and clearing houses, insurance firms, asset managers, securities service providers, registered advisors, and wealth management firms globally. Revenue is generated through enterprise SaaS licensing on annual contracts with quote-based pricing, supplemented by custom software development services, particularly for crypto exchange deployments. Go-to-market is direct enterprise sales with no disclosed reseller or marketplace channel.

Pac Square has limited public financial disclosure: no revenue, ARR, or funding figures are reported, headcount is stated at 11-50, and only AtlasClear Holdings is named as an enterprise customer. AtlasClear simultaneously acquired technology assets from Pac Square in February 2024 and launched a Pac Square-powered online account application in July 2024, making it the company's most material disclosed commercial relationship and tying Pac Square's near-term trajectory to the AtlasClear-Quantum FinTech business combination with Wilson-Davis & Co. The company holds ISO/IEC 27001:2022 certification.

Name

Pac Square Technologies

Legal name

Pacsquare Technologies Limited

Website

https://pacsquare.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Pac Square Technologies is a private fintech provider selling a modular cloud-native platform covering trading, clearing, digital onboarding, payments, crypto exchange software, and AI robo-advisory to broker-dealers, banks, asset managers, and other financial institutions globally via enterprise SaaS licensing.

Ownership category

akta.pro rank

Product category

Fintech Trading Platforms

NAICS

Software Publishers (513210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Prepackaged Software (7372), Finance Services (6199)

akta.pro primary industry

Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)

akta.pro secondary industry

Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB)

Keywords

• Fintech trading platforms
• Blockchain trading software
• Clearing and settlement
• Robo-advisory solutions
• Crypto exchange software

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Enterprise Software Solutions: B2B SaaS model providing fintech solutions to financial institutions including trading platforms, clearing solutions, digital onboarding, and payment processing. Revenue generated through enterprise licensing and platform fees.
2. Custom Software Development: On-demand cryptocurrency exchange software development and custom software solutions tailored to specific client requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Pac Square Technologies builds and licenses cloud-native fintech software platforms for global financial institutions. Its product suite spans equity and options trading, back-office clearing and settlement, digital onboarding, payments, AI-driven robo-advisory, FIX engine connectivity, and cryptocurrency exchange software. The platforms leverage AI, machine learning, blockchain/DLT, microservices, and containerization, with an open orchestration layer enabling integration of multiple fintech products from different providers.

Product overview

Pac Square Technologies is a next-generation fintech provider offering a comprehensive platform-plus-modules architecture. The core offering includes PacEquity (equity/options trading), Trading APIs, Digital Onboarding, Digital Payments, AI Robo-Advisory Platform, Back Office Clearing Solutions, PACATS (DLT-based clearing/trading), Crypto Trading, FIX Engine, and Institutional Trading solutions. These products are designed to work both independently and as an integrated suite, with an orchestration layer enabling businesses to access multiple fintech products and services seamlessly. The platform is built on cloud-native technology with microservices architecture, leveraging AI, machine learning, blockchain, and data analytics to serve broker-dealers, investment managers, banks, institutional firms, exchanges, insurance firms, asset managers, securities service providers, registered advisors, and wealth management firms.

Differentiator

Problem solved

Functional benefit

Products and services

• PacEquity Blockchain-enabled equity and options trading software providing real-time market blogs, analytics, news charts, market sentiment analysis, portfolio management, multiple accounts, white-label options, and comprehensive reporting tools. Built for traders and investors at broker-dealers and trading firms.
• Trading APIs Data-driven APIs providing programmatic access to real-time market prices, historical data, account information, and portfolio details. Supports market, limit, and stop-loss orders via WebSockets, with API key authentication, versioning, multiple data formats, backtesting, rate limiting, and notifications. Designed for algorithmic and high-frequency trading at financial institutions.
• Digital Onboarding Smart onboarding platform leveraging AI, machine learning, and automation to streamline customer verification. Includes KYC, biometric authentication, single sign-on (SSO), auto-fill, electronic signatures, and chatbots/virtual assistants for broker-dealers, banks, and other financial institutions.
• Digital Payments Next-generation digital payment platform offering multiparty payments and payouts, banking-as-a-service, e-KYC, invoicing, virtual POS, mobile wallet integration, and advanced analytics and reporting. Targeted at banks and financial institutions offering payment services.
• AI Robo-Advisory Platform AI and quantum computing-driven infrastructure for proactive portfolio management operating 24/7, using machine learning models trained on historical market data. Includes a client dashboard, automated portfolio rebalancing, risk analysis, and a behavioral finance engine for investment managers and registered advisors.
• Back Office Clearing Solutions Cloud-native clearing, settlement, execution, and custody platform using microservices architecture and containerization. Provides risk mitigation, netting and margining, liquidity enhancement, and collateral management for exchanges, clearing houses, and other financial institutions.
• PACATS (Platform for Advanced Clearing and Trading System) Enterprise-level trading and clearing platform leveraging Distributed Ledger Technology (DLT) for transparent, tamper-proof transaction records. Includes BlockHelix blockchain integration, a smart contract hub, and high-frequency trading support for institutional trading operations.
• Crypto Trading Cryptocurrency software development and trading solutions including order management system (OMS), order book, matching engine, wallet services, liquidity pools, and market data feeds. Supports white-label, decentralized, P2P, and OTC exchange development for exchanges and crypto brokerages.
• FIX Engine Financial Information Exchange (FIX) protocol engine providing high-throughput, low-latency communication for electronic trading ecosystems. Delivers robust performance, scalability, reliability, customization, and security for institutional trading.
• Institutional Trading Trading solutions for institutional investors providing real-time market data, algorithmic trading, high-speed execution, risk management tools, and global market access. Designed for mutual funds, hedge funds, insurance companies, and large-scale securities trading operations.

Quantifiable outcome

• Faster settlement times through smart contract automation
• +3 more outcomes

Named customers1 record

Segments10 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability9 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core and minor.

• AtlasClear HoldingscoreStrategic or Co-development Partner · 12 July 2024AtlasClear launched new online account application using Pacsquare technology platforms. AtlasClear also acquired technology assets from Pacsquare Technologies. The partnership involves extension of business combination agreement with Quantum FinTech Acquisition Corporation.
• Wilson-Davis & Co, Inc.minorOthers · 10 January 2024Target of restructured acquisition by AtlasClear as part of business combination agreement with Quantum FinTech Acquisition Corporation.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Alpaca: API-first brokerage and trading infrastructure platform for fintechs and developers. Comparable to Pacsquare's Trading APIs and programmatic order execution capabilities, though more focused on equities and crypto APIs.

Direct peers

• Temenos: Cloud-native core banking and digital banking SaaS provider to banks worldwide. Directly comparable to Pacsquare's SaaS Core Banking Platform and Banking-as-a-Service offerings for the bank customer segment.
• Mambu: SaaS core banking and lending platform serving banks, fintechs and financial institutions globally. Comparable to Pacsquare's Banking-as-a-Service and digital banking offerings for banks and neobanks.
• TradeStation: Multi-asset trading platform offering equities, options, futures and crypto trading with APIs for algorithmic trading. Directly comparable to Pacsquare's PacEquity, Institutional Trading and Trading APIs offerings for active and institutional traders.
• Thought Machine: Cloud-native core banking platform vendor targeting global banks with microservices architecture. Highly comparable to Pacsquare's cloud-native, microservices-based core banking proposition and target buyer profile.

Broad incumbents

• ION Group: Provider of mission-critical trading, clearing and workflow software to capital markets and treasuries. Comparable to Pacsquare's Back Office Clearing and PACATS offerings for exchanges and clearing houses.
• Finastra: Large financial software vendor covering capital markets, lending, treasury and core banking. Overlaps with Pacsquare across trading, clearing, core banking and digital channels for banks and broker-dealers.
• SS&C Technologies: Provider of trading, asset management, fund administration and middle/back-office software. Comparable to Pacsquare's institutional trading, OMS and back-office clearing capabilities for asset managers and broker-dealers.
• Broadridge Financial Solutions: Dominant incumbent in capital markets post-trade processing, clearing, FIX connectivity and trading communications. Closely comparable to Pacsquare's Back Office Clearing, PACATS and FIX Engine offerings, but operates at vastly greater scale across the same institutional client base.
• FIS (Fidelity National Information Services): Global financial technology vendor serving banks, broker-dealers and asset managers with core processing, trading and digital platforms. Comparable to Pacsquare across core banking, capital markets and digital onboarding, but with an entrenched enterprise footprint.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pacsquare
• Facebookfacebook.com/PacSquare
• LinkedInlinkedin.com/company/pac-square

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pac Square Technologies