Proxymity launches consortium of financial industry leaders and raises $20.5 million in strategic round to become its own entity
May 05, 2020•over 5 years ago
Amount Raised
$20 Million
Description
ProxymitySM, the digital investor communications platform developed within Citi's Institutional Clients Group, announced today that it has raised $20.5 million in a strategic round of investment and will form its own entity via a global, industry-led consortium. The consortium brings together the leading global and direct custodians and the leading issuer agents ensuring unparalleled, instant access to the world's leading investors and companies. BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan, and State Street comprise the newly formed Proxymity consortium.
FundzWatch™ Score
72
Medium Activity
Funding Insights
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