Investment Strategy Unveiled by Capitolis
Capitolis Secures Additional Funding from Global Banks and Venture Capital Firms
Financial technology company Capitolis has announced that it has received additional strategic investments from a group of global banks and venture capital firms. The total amount raised in this round of funding is $56 million.
The new bank investors in Capitolis include Barclays and BNP Paribas, joining J.P. Morgan, Citi, Morgan Stanley, State Street, and UBS. Banks including Goldman Sachs and Citi had previously invested new capital in Capitolis, with the investment announced in February 2021.
Gil Mandelzis, CEO and Founder of Capitolis, expressed excitement about the continued support from strategic global banks and the new investments. He commented, "We are thrilled to have the backing of these prestigious institutions as we continue to build and scale our platform."
Matthew Franklin-Lyons, Global Head of Rates Trading at J.P. Morgan, expressed pleasure about supporting Capitolis and its innovative solutions. He added, "Capitolis is a strategic partner to the financial industry, and we are proud to be a part of their growth."
Junaid Baig, Head of Strategic Investments at BNP Paribas, also expressed a desire to collaborate with Capitolis' strong leadership team in developing innovative solutions. He stated, "We are excited to support the growth of Capitolis and look forward to working closely with the team."
Investors in Capitolis' Series D in 2022, including Canapi Ventures, 9Yards Capital, and Greenfield Partners, have increased their investments in the company. Gene Ludwig, Managing Partner at Canapi, considers Capitolis a great company with exciting products and strong leadership. He said, "Capitolis is an N-of-1 company building critical infrastructure for the capital markets industry."
Shay Grinfeld, Managing Partner at Greenfield Partners, also looks forward to continuing to support Capitolis on its journey. He added, "We are proud to have been early supporters of Capitolis, and we are excited to see the company's continued growth and success."
Theo Osborne, Managing Partner at 9Yards Capital, also expressed excitement about continuing to back Gil and the team's vision at Capitolis. He stated, "Capitolis is an N-of-1 company building critical infrastructure for the capital markets industry."
Kester Keating, Head of US Principal Investments at Barclays, expressed pleasure about supporting the ongoing development of innovative products by Capitolis. He added, "We believe Capitolis is delivering solutions that make capital markets safer and more efficient."
The funds raised will be used to accelerate growth within Capitolis' Capital Marketplace and Portfolio Optimization businesses. Capitolis is viewed as a strategic partner to the financial industry and works with leading banks and financial institutions to solve their core optimization needs.
Capitolis' innovative solutions are designed to make the capital markets industry more efficient and safer. The company's platform allows banks to optimise their trading and risk management processes, reducing costs and improving profitability. The platform also helps banks to manage their counterparty risk more effectively, reducing the likelihood of financial crises.
With the additional funding, Capitolis is well-positioned to continue its growth and expansion. The company is poised to become a leader in the financial technology industry, providing innovative solutions to the challenges facing the capital markets industry.
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