Portfolio
5
companies
AbbeyCross
AbbeyCross builds trading and compliance marketplaces for emerging market currencies.
Fnality International
Fnality International develops blockchain payments technology for wholesale financial markets.
Genesis Global
Genesis Global provides a low-code application development platform designed for financial markets.
Proxymity
Digital proxy voting and shareholder communication platform.
Quantexa
Decision intelligence platform powered by artificial intelligence and advanced data analytics.
James Slater
Global Head of Business Solutions, BNY Mellon Asset Servicing
James brings extensive leadership experience in asset servicing, corporate trust, and securities finance, including roles as CEO of Corporate Trust at BNY and board member at EquiLend. He previously held several senior positions at BNY Mellon, spanning global head of business solutions and client coverage.
LinkedInCaroline Butler
Global Head of Custody, Tax & Network
Avi Shua
CIO, Head of Investment Management, Wealth Management and Pershing Technology
Avi brings extensive technology leadership experience from senior roles at Goldman Sachs and BNY Mellon. He also served as a board observer at Genesis Global.
Jason Vitale
Global Head of Foreign Exchange, Fixed Income, Equities & Capital Markets
Existing investors including BNP Paribas and J.P. Morgan backed the growth round.
"Inefficiencies in the proxy voting system have led to both issuers and investors, the crucial end users in the process, being disenfranchised with their experience, and Proxymity was founded to radically improve the process for everyone in the ecosystem radically, ensuring access to real-time data, full transparency of voting status and activity and regulatory compliance."
Valar Ventures led the seed financing alongside participants BNY Mellon, Third Prime and Gaingels to support product development.
"We’re proud to support AbbeyCross in their seed funding round. Their mission to improve execution quality and transparency for Emerging Markets is aligned to our desire to continue improving the FX market for our clients. It reflects our commitment to emerging technology partnerships that accelerate market structure enhancements and enable us to better serve our clients. We look forward to working with the AbbeyCross team and other market participants to unlock this potential."
The Series B round will help fund the deployment of the company's tokenised cash innovation and global liquidity management ecosystem.
"Our Series B funding round represents the financial sector’s desire for a central bank money backed blockchain-based settlement solution that bridges the gap between traditional finance (TradFi) and decentralised finance (DeFi) in wholesale markets. Each Fnality Payment System utilises DLT to provide a 24/7 payment rail with the ability to reduce settlement cycles to real-time, while significantly improving intraday liquidity management and marking significant innovation in the speed, functionality, and resilience of wholesale payments."
GIC led the Series E round, which values the decision intelligence provider at $1.8bn.
"After closing our Series D investment round, Quantexa has been on a transformational journey, accelerating the growth of our global software business and firmly establishing our leadership position in the emerging Decision Intelligence category. In a challenging market we have doubled our ARR, our user base, and continue to penetrate new markets and industries. This infusion of capital will fuel further innovation, diversification, and expansion, and opens exciting options for our future."
Bank of America, BNY Mellon and Citi provided the latest strategic investment to support the low-code platform.
"This strategic support from Bank of America, BNY Mellon and Citi demonstrates their confidence in low-code as an accelerator for the next wave of IT innovation,"
