Capital has revealed plans for substantial financial commitments
Capitolis, a leading financial technology company, has recently closed a strategic funding round totaling $56 million, bringing its total funding to around $350 million. This latest round has attracted new investments from leading global banks Barclays and BNP Paribas, alongside existing investors including J.P. Morgan, Citi, Morgan Stanley, State Street, and UBS, as well as venture capital firms Canapi Ventures, 9Yards Capital, and Greenfield Partners, who have also increased their stakes.
The purpose of these new investments is to accelerate Capitolis’ growth and expansion, particularly within its Capital Marketplace and Portfolio Optimization businesses. Capitolis positions itself as a strategic partner to the financial industry, providing a platform that helps banks and financial institutions optimize capital resources and improve efficiency in capital markets through collaboration and synergy.
Shay Grinfeld, Managing Partner at Greenfield Partners, expressed satisfaction with Capitolis' solutions making capital markets safer and more efficient. Junaid Baig, Head of Strategic Investments at BNP Paribas, expressed support for the growth of Capitolis. Grinfeld also looked forward to continuing to support Capitolis on its journey.
Kester Keating, Head of US Principal Investments at Barclays, expressed pleasure about supporting the ongoing development of innovative products by Capitolis. Gene Ludwig, Managing Partner at Canapi, referred to Capitolis as a great company with exciting products and strong leadership. Theo Osborne, Managing Partner at 9Yards Capital, referred to Capitolis as an N-of-1 company building critical infrastructure for the capital markets industry.
Matthew Franklin-Lyons, Global Head of Rates Trading at J.P. Morgan, acknowledged Capitolis' innovation within financial markets. Gil Mandelzis, CEO and Founder of Capitolis, expressed excitement about the continued support from strategic global banks and the participation of Barclays and BNP Paribas.
Capitolis reported strong business momentum, including record months on its novations platform and the launch of new solutions like a future porting tool developed with Barclays and Citadel. The additional funds will be used to further strengthen these areas and accelerate Capitolis' growth.
Barclays and BNP Paribas are new bank investors, while J.P. Morgan is an existing investor. Capitolis is viewed as a strategic partner to the financial industry and works with the world's leading banks and financial institutions. Theo Osborne, Managing Partner at 9Yards Capital, expressed excitement about continuing to back Capitolis' vision.
In summary, the new investments are aimed at fueling Capitolis’ rapid scaling and enhancing its offerings that optimize financial resource utilization in capital markets, reflecting growing confidence from both strategic bank investors and venture capitalists in Capitolis’ role in modernizing capital markets infrastructure.
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