17 C
August 8, 2022
Finance Technologies

Capital market disruptor Capitolis raises $40m in Series B

New York-based capital market fintech Capitolis has raised $40 million in a Series B funding round led by Spark Capital and Silicon Valley Bank (SVB) Capital. The start-up’s product connects financial institutions (FIs) across the global market, allowing them to collaborate, more easily detect attractive capital sources and avoid over-utilisation of capacity which can increase costs. Investors see the fintech in a position “to transform a whole industry”. Investors see the team “on a multi-trillion dollar mission to reduce risk in the global financial system while improving returns” Existing backers in the investment round included technology capital funds Index Ventures and Sequoia Capital,…
Capital market disruptor Capitolis raises m in Series B

Related posts

The PRIIPs EU stalemate: the story so far

Amme Jhonson

Report: Intelligence, information & innovation – how UK financial services is shaping up for 2020

Amme Jhonson

Affirm eyes IPO with up to $10bn valuation

Amme Jhonson

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Privacy & Policy