FinTechFunding

Cais: Raises $50M in Series B Equity Funding

  • Cais, an NYC-based alternative investment platform, raised $50M in Series B equity funding
  • Eldridge made the investment, which is subject and pending FINRA approval, and Todd Boehly, Co-founder and CEO of Eldridge, joined the CAIS Board of Directors
  • Cais has built a technology platform that enables financial advisors to access alternative investments
  • The company also intends to use the funds to continue to invest in innovative technologies, data, and analytics, expand its education platform
  • CAIS also provides CAIS IQ, a personalized learning system utilizing artificial intelligence that helps financial advisors master alternative investments
  • CAIS IQ is modular, mobile, and offers CE credits
Previous article
Koa Health: Secures Over €14M in Initial Funding
Next article
GUD Holdings: Completes $55M institutional placement
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

UK Banks Reject Opportunity to Lift £100 Contactless Limit

Major UK banks choose not to increase contactless payment thresholds.Highlights: UK banks will not raise the £100 contactless...
FinTech

Crypto.com Cuts 12% of Workforce Amid AI Shift

The company streamlines operations in response to evolving market dynamics.Highlights: Crypto.com reduces workforce by 12%Focus shifts to AI...
FinTech

Tide Strengthens Leadership with PPRO CTO Appointment

The fintech company welcomes a new chief technology officer to enhance its team.Highlights: Tide appoints ex-PPRO CTO to...
FinTech

Visa Overcomes Legacy Issues with Unified API for Intelligent Authorization

New API aims to streamline payment processes and enhance security features.Highlights: Visa launches a unified API to improve...