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FinTech news in Capitolis category

FinTech startup Capitolis raised Series D round of $110M led by Canapi Ventures

Capital markets focus on giant sums of money handled through foreign exchange, equity swaps and other major capital transactions typical of big banks, but at the end of the day, a lot of the systems in place that big banks use to make these transactions are based on old infrastructure, with money moving through many transaction points that can create delays and, therefore, costs. Canapi Ventures, 9Yards Capital, and SVB Capital led the round.