Capitolis, a fintech company, has recently secured $20 million in new strategic investments from four major global banks: Citi, Morgan Stanley, State Street, and UBS.

Each bank is contributing $5 million, joining existing investors such as Andreessen Horowitz, Index Ventures, and J.P. Morgan.

This funding round follows a previous Series D round in March 2022, where Capitolis raised $110 million and was valued at $1.6 billion.

Capitolis, founded in 2017, offers a software as a service (SaaS) platform that aims to optimize financial resources in capital markets, helping institutions allocate capital more efficiently in response to evolving regulatory requirements.

The company has raised approximately $300 million in total funding and currently employs 130 people across Israel and the U.S.

CEO Gil Mandelzis emphasized the company's commitment to collaborating with leading banks to enhance the safety and strength of financial markets.