Proxymity secures £4.6m Series B investment from BNP Paribas Securities Services to expand platform
BNP Paribas Securities Services has joined the Proxymity Consortium as part of the extended Series B round.
Proxymity operates a digital platform that connects issuers, intermediaries, and investors in real time for proxy voting and shareholder communications.
Proxymity has raised £4.6m in an extension to its Series B funding round from BNP Paribas Securities Services. The fresh capital will be used to expand the company platform in key global markets for end-to-end investor communications. BNP Paribas Securities Services joins an existing group of financial institutions backing the platform.
The investment marks the entry of the custodian bank into the Proxymity Consortium as its ninth member. The round builds on a previous tranche of funding secured in December 2021, taking total capital raised to $37m.
From the founder
"We’re delighted to welcome BNP Paribas Securities Services to the Proxymity Consortium. Immediately, this investment enhances our global reach and brings us closer to our vision."
Dean Little
Co-founder at Proxymity
Investor perspective
"Proxymity is changing investor communications by connecting issuers and investors through a transparent, real-time, and efficient digital ecosystem. We at BNP Paribas Securities Services are delighted to be part of this initiative."
Bruno Campenon
Head of the Financial Intermediaries and Corporates Client Line, BNP Paribas Securities Services
Use of funds
- 01Expand into international markets
- 02Continue product development
