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Wealth Tech startup Tifin raised Series D round of $109M

Since its Series C, the company acquired Qualis, which is focused on bringing private market investments to retail investors, according to Nair — a growing area of interest among wealth managers seeking to provide their clients with differentiated returns from the public markets. The round brings the company’s valuation to $842 million, nearly doubling the $447 million it was valued at after its Series C. Investment manager Franklin Templeton and fintech venture firm Motive Partners joined the latest round as new investors, the company says.