Former Citadel Quants Raise $78 Million For AI Fintech Moment

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Moment, an AI-powered CAPITAL MARKETS TECH platform founded by former Citadel Securities quantitative traders, has raised $78 million in a round led by Index Ventures, with participation from Andreessen Horowitz and Avra. The platform automates fixed-income and equity trading workflows for wealth managers such as Edward Jones, LPL Financial, and Hightower Advisors, who collectively manage over $10 trillion in client assets. Strategically, this funding reflects growing demand for AI-native trading infrastructure among large wealth firms that are rebuilding investment management operations from the ledger up.

Former Citadel Quants Raise $78 Million For AI Fintech Moment