Capitolis has secured strategic investments from four major global banks, including Citi, State Street, Morgan Stanley, and UBS. Each bank will invest $5 million, further solidifying Capitolis' position in the financial technology landscape.
The funding will be used to accelerate growth in Capitolis' Capital Marketplace and Portfolio Optimization businesses. The company has gained recognition for its innovative solutions and collaborative approach to addressing optimization challenges.
Capitolis' team of professionals from the financial and technology sectors has established the company as a strategic partner within the industry. The demand for Capitolis' products is increasing, reflecting a broader trend in the financial services sector.
The company has experienced significant revenue growth, increased network participation, and a steady stream of new product releases. Capitolis has been recognized as one of CNBC's World's Top Fintech Companies and has received the World's Best FX Software Provider award.
The CEO and Founder of Capitolis, Gil Mandelzis, expressed enthusiasm about the company's partnerships with leading banks and the positive impact on its growth. State Street has reiterated its commitment to Capitolis and the potential benefits of additional bank investors.
The new investments are expected to enhance Capitolis' capabilities in capital markets optimization. Collaboration is emphasized as important in the financial sector, where innovation and efficiency are paramount.
Capitolis is expanding its network of investors and board members to meet the evolving needs of the financial industry. The strategic investments provide necessary capital and enhance the company's credibility and reach.
Capitolis is well-positioned to capitalize on the growing demand for advanced financial technologies. The company's commitment to understanding and solving client issues sets it apart in a competitive landscape. Technology will play an increasingly critical role in driving efficiency and safety in financial markets.