Capitolis Raises $220M, Acquires eSecLending at $1.9B Valuation
Capitolis secured $220M in financing, including a $120M Series E round, backed by major global banks to fund its acquisition of eSecLending.
Financial technology firm Capitolis has raised $220 million in financing, including a $120 million Series E equity round that values the company at $1.9 billion, the company announced. The capital raise drew participation from a roster of major financial institutions including Bank of America, Barclays, BNP Paribas, Citi, J.P. Morgan, Nomura, State Street, UBS, and Tradeweb, among others.
The financing will be used in part to fund the acquisition of eSecLending, a move designed to expand Capitolis's platform with new capabilities and a broader client base. The addition of eSecLending signals a strategic push by Capitolis to deepen its footprint in capital markets infrastructure and financial optimization services.
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The backing of multiple global tier-one banks as investors underscores institutional confidence in Capitolis's business model, which focuses on helping financial institutions optimize their balance sheets and reduce risk in capital markets. The breadth of the investor group also reflects the growing appetite among major banks to support fintech platforms that serve their core operational needs.
The $1.9 billion valuation marks a significant milestone for Capitolis as it transitions from a growth-stage startup to a scaled platform with M&A ambitions. The eSecLending acquisition is expected to bring established client relationships and specialized expertise onto the Capitolis platform, potentially accelerating its competitive positioning in the securities finance space.
Continue reading at GlobeNewswire - Mergers And Acquisitions.