RQD Clearing

Summary active Updated Aug 31, 2026

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Location New York, New York
Founded 2021
Latest Stage Growth
Total Raised $84M

Founders

Michael Sanocki CEO

About

RQD Clearing (stylized RQD*) is a technology-driven clearing and custody firm serving broker-dealers, RIAs, and foreign financial institutions accessing U.S. markets 1. The company operates proprietary cloud-based clearing infrastructure and reports processing 543 million ledger transactions year-to-date, representing approximately 2.43% of NMS equities market share 23. RQD Clearing was founded in 2021 and maintains offices at 1 World Trade Center in New York and 425 S. Financial Place in Chicago 14.

Funding History

Date Round Amount Lead Co-investors
2026-08-27 Minority Growth $74M Bain Capital Tech Opportunities ABN AMRO Clearing Bank, Nyca Partners (new); Gentree Fund, Belvedere Strategic Capital (existing) 234

What Investors Say

Michael Grandfield, Partner at Bain Capital Tech Opportunities: “Michael and RQD*’s experienced team of industry experts have done an impressive job building the Company into a highly differentiated clearing and custody business.” 3

What Founders Say

Michael Sanocki, CEO of RQD Clearing: “This investment marks a significant milestone for RQD*, validating the platform we have built and the enormous opportunity ahead.” 3

Sources


  1. RQD Clearing company website, accessed August 2026. https://rqdclearing.com

  2. RQD Clearing news, “RQD* Clearing Secures $74 Million Strategic Growth Investment,” August 27, 2026, accessed August 2026. https://rqdclearing.com/news

  3. Bain Capital press release, “RQD* Clearing Secures $74 Million Strategic Growth Investment Led by Bain Capital,” August 27, 2026, accessed August 2026. https://www.baincapital.com/news/rqd-clearing-secures-74-million-strategic-growth-investment-led-bain-capital

  4. AlleyWatch, “The AlleyWatch Startup Daily Funding Report: 8/31/2026,” August 31, 2026, accessed August 2026. https://alleywatch.com/2026/08/the-alleywatch-startup-daily-funding-report-8-31-2026/