Skip to content
Back to Investors
C

Citi

Corporate

Citi is a prominent banking partner providing cross-border financial products, wealth management, and institutional services across more than 180 countries.

Portfolio

25

companies

Investment by month

By category

  • FinTech£3.2B
  • Uncategorised£214M
  • Blockchain£99.7M
  • TransportTech£92.2M
  • AI/ML£69.2M
  • Other£84.4M

By location

  • London£1.9B
  • Newport£1.5B
  • New York£197M
  • United States£92.2M
  • Bristol County£53.2M
  • Other£43.2M

Portfolio companies

A

Abound

Abound provides consumer loans using AI and Open Banking data to assess affordability.

AccessFintech

AccessFintech

AccessFintech operates a data and workflow collaboration network for the financial industry.

Banked

Banked

Building a next-generation global payment network for consumers and merchants.

CloudMargin

CloudMargin

CloudMargin provides cloud-native collateral and margin management solutions for the financial sector.

Dextcloud

Dextcloud

Dextcloud provides a low code application platform that accelerates enterprise software development.

Diffblue

Diffblue

Diffblue provides autonomous generative artificial intelligence software that automates unit test generation for developers.

View all 25 companies
Fnality

Fnality

Fnality operates regulated wholesale payment systems using distributed ledger technology.

Genesis

Genesis

Genesis provides low-code and no-code application development platforms for financial markets.

Genesis Global

Genesis Global

Genesis Global provides a low-code application development platform designed for financial markets.

H

HANetf

HANetf provides white-label ETF and ETC platform services for asset managers.

Icon Solutions

Icon Solutions

Icon Solutions provides payment systems and infrastructure technology for global banks.

Immersive Labs

Immersive Labs

Immersive Labs provides a cybersecurity platform to measure and improve human cyber skills across organisations.

PolyAI

PolyAI

PolyAI builds advanced voice assistants for enterprise customer service.

PF

Propel Finance

Propel Finance provides asset finance to help small and medium-sized enterprises acquire essential equipment.

Proxymity

Proxymity

Digital proxy voting and shareholder communication platform.

Sharegain

Sharegain

Sharegain provides a securities lending platform for financial institutions and wealth managers.

Soldo

Soldo

Soldo provides a digital pay and spend automation platform for businesses.

Solidatus

Solidatus

Solidatus provides data lineage software that helps regulated enterprises map data flows and ensure compliance.

S

Superpedestrian

Superpedestrian develops smart and safe electric vehicle fleets for urban transport.

T

Tessian

Tessian builds machine learning technology to secure the human layer and prevent accidental data loss in enterprises.

TransFICC

TransFICC

TransFICC provides low-latency connectivity and workflow services for fixed income and derivatives markets.

V

Validis

Validis provides a financial data standardization platform for business lending and accounting.

Vega

Vega

Vega builds operating system technology for alternative asset managers.

ZILO

ZILO

ZILO develops enterprise software for the asset and wealth management sector.

g

gohenry

gohenry builds financial education and digital banking tools for children and families.


Team

Stuart Riley

Stuart Riley

Head of Citi's Institutional Clients Group Operations & Technology

Stuart serves as Group CIO of HSBC, following senior technology and operations roles at Citi. He also holds board and advisory positions at Quantexa and Hivenet.

LinkedIn
CC

Chris Cox

Managing Director, EMEA Equity & Security Services Head

LinkedIn
CH

Chris Hayward

CDO

Chris brings extensive banking technology and change management experience from senior roles at Citi and Deutsche Bank, including serving as chief data officer.

LinkedIn
SS

Sanjiv Sawhney

Head of Custody and Fund Services

LinkedIn
Nikhil Joshi

Nikhil Joshi

North America Head of Markets Technology

Nikhil brings extensive banking technology experience from his career at Citi, where he serves as managing director and chief information officer for markets technology.

LinkedIn
SM

Steve Morgan

head of markets operations solutions

View all 17 team members
Arvind Purushotham

Arvind Purushotham

Managing Director and Global Head

Arvind leads Citi Ventures and previously spent nearly a decade as managing director at Menlo Ventures. His career includes venture investing and engineering roles at Intel Corporation.

LinkedIn
Luis Valdich

Luis Valdich

Managing Director

Luis brings investment and strategy experience from roles at Citi Ventures, J.P.Morgan Chase, McKinsey, and Softbank. He focuses on fintech, enterprise software, and AI.

Suman Natarajan

Suman Natarajan

Senior Vice President of Venture Investing

Suman brings enterprise growth investing experience from B Capital and venture investing experience from Citi Ventures.

LinkedIn
Matthew Bax

Matthew Bax

Managing Director, Global Head of Custody, Securities Services

Matthew brings extensive asset servicing and securities services experience from senior roles at BNY, Citi, and J.P. Morgan.

LinkedIn
AL

Ayesa Latif

Global Head of Foreign Exchange Products at Citi

Ayesa brings foreign exchange and sales leadership experience from roles at Citi and Goldman Sachs.

LinkedIn
Iain Maclean

Iain Maclean

Global Head of Rates Technology

Iain brings extensive financial technology experience from his career at Citi, where he currently serves as managing director for trade and working capital services after previously leading various rates and fixed income technology divisions.

LinkedIn
AM

Andrew Murray

Head of Institutional Strategic Investments

Andrew brings extensive strategic investment and fintech experience from senior roles at Citi, Deutsche Bank, and Barclays Capital. He currently serves as Managing Director and Head of Institutional Strategic Investments at Citi.

LinkedIn
AJ

Andrew Jamieson

Global Head of ETF Product and Citi Velocity ETFs

Andrew brings financial services and investment banking experience from senior roles at Citi, BlackRock, and J.P. Morgan. He currently serves as Managing Partner at Warriston Place Advisors.

LinkedIn
DM

Deepak Mehra

Head of Digital Strategy, Citi Markets

Deepak is the chief economist at the Commercial Bank of Dubai, where he also previously led the CBD Investr app and investments for treasury. He brings extensive banking experience alongside roles as an author and speaker.

LinkedIn
Meredith Shields

Meredith Shields

Head of Citi Impact Fund

Meredith brings investment and fund leadership experience from roles at Citi and Sorenson Impact Group. She previously co-founded Vantage Point MBA and worked in private credit and strategy consulting.

LinkedIn
AA

Amit Agarwal

Head of Custody

Amit serves as analytics lead at Affirm, following analytical and risk strategy roles at Citi, Barnes & Noble Education, and T. Rowe Price.

LinkedIn

Recent investments

Series C
£99.7M

The capital raise was led by WisdomTree, Bank of America, Citi, KBC Group, Temasek and Tradeweb to support the expansion of its global settlement network.

"The closing of our Series C reflects a shared conviction that the future of money demands a new foundation, one with Fnality at its core. Our blockchain-based settlement systems, anchored in the credit quality of central bank money, connect traditional finance with the fast adoption of tokenized and decentralized markets. With 24/7 payment rails, real-time settlement, and enhanced liquidity management, we’re not just modernizing wholesale payments, we’re building a future that fuses Decentralized Finance’s operational optimization with Traditional Finance’s capital efficiency. This investment accelerates our journey toward a financial market infrastructure that is more resilient, more inclusive, and ready for the hybrid future of global finance."
— Michelle Neal, CEO of Fnality International
Growth
$8

Citi joins existing backers to support the white-label ETF platform as assets under management reach record highs.

"Citi’s investment is a landmark moment for HANetf. It demonstrates the strength of our expertise, the growth of ETF white-labelling, and in HANetf’s importance within the European ETF ecosystem. We’ve always believed that ETF white labelling would become a core part of the asset management and servicing ecosystem as it has done so before within the broader funds industry. We’re proud to add Citi to our cap table alongside other high-quality institutional investors such as Point72, Elkstone, and ThirdStream, who have been investors in HANetf since 2017. We are already reinvesting the profits from our growth and this investment will allow us to exponentially grow the capabilities of our own platform sooner, in order to build out HANetf’s capacity as more clients continue to choose HANetf to launch ETFs ahead other ETF launch options."
— Hector McNeil, Co-Founder and Co-CEO
Other

UBS led the funding round to support the development of the Icon Payments Framework.

"This investment reinforces our partnership with Icon and confirms our commitment to deliver faster to market, future-ready payment solutions for our clients. The collaboration helps us drive innovation at scale and enhances our capabilities for seamless instant payments and advanced transaction processing."
— Pieter Brouwer, Head of Group Operations and Technology Office (GOTO) for Personal & Corporate Banking and GWM Switzerland & International