Citi is a prominent banking partner providing cross-border financial products, wealth management, and institutional services across more than 180 countries.
Mediant led the latest financing alongside participation from Citi Ventures and Deutsche Börse Group.
"We are pleased to support Proxymity and their transformative platform for global proxy voting and disclosure, as they work to bring the benefits of digital investor communications to the industry as a whole."
The funding extension will support team growth, venue connectivity, and new product development.
"As banks and asset managers focus on automating trading workflows to deliver increased efficiency, TransFICC’s ‘One API’ has been implemented at some of the largest Fixed Income trading banks and Exchanges,"
The financing round was led by Tiger Global Management with participation from a group of prominent institutional investors.
"The Genesis platform is already trusted by leading institutions from Citi, who is also a strategic investor from previous funding rounds, and ING to Alliance Bernstein and B3 to speed innovation and accelerate delivery of purpose-built financial markets applications,"
WestCap led the Series B round with participation from Citi, EJF Capital and Optiver PSI.
"We believe that lending your stocks, bonds and ETFs is a basic ownership right that should be made available to all. As private investor participation increases in capital markets, we are leveling the playing field so that private investors, through their brokers and banks, can benefit from income generating solutions that have been largely restricted to big financial institutions. We are humbled by this vote of confidence from such a strong group of investors. This partnership enables us to accelerate our global growth plans and scale, expand our offering faster and realize our vision of opening up securities lending to every investor worldwide."
The funding round was backed by Jefferies, Antara Capital, Sony Innovation Fund, and FM Capital.
"Over the past 9 years, we have developed a unique software platform that addresses the core challenges of electric vehicle fleets. From predictive maintenance and repair automation to fine-grain location and curb management, our platform is rich with advanced capabilities that enable safer and more reliable transportation solutions,"
