Capitolis Secures Further Investment from Four Banks

Capitolis has received a vote of confidence from some of its clients with news that two more existing users of the service, Morgan Stanley and UBS, have invested in the firm, alongside existing investors Citi and State Street, who have also participated in a new funding round.

The four banks join (a16z), Index Ventures, Sequoia Capital, S Capital, Spark Capital, SVB Capital, Canapi Ventures, 9Yards Capital, Standard Chartered and JP Morgan, as investors in the firm.

Capitolis says the new funding will be used to fuel its growth across both its capital markets and portfolio optimisation business lines, citing an expanding demand for its products and services amidst “strong business momentum in terms of revenue growth, network participation and new product releases”.

“Capitolis has been partnering closely with the industry to make the financial markets safer and stronger within a well-regulated system, and we have seen tremendous growth because of this,” says Gil Mandelzis, CEO and founder of Capitolis. “Our partnership with the world’s leading banks over the last few years has been terrific and we are excited to expand these relationships as well as add more of the world’s foremost financial institutions as both investors and board members.”