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Handshakes: Closes Funding Round Led by S&P Global and Nikkei

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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.

Handshakes Closes Funding Round Led by S&P Global and Nikkei

  • Handshakes, a Singapore-based provider of a data analytics and risk monitoring solution specializing in corporate intelligence, received an investment from S&P Global and Nikkei
  • The amount of there deal was not disclosed
  • S&P Global has taken a new 15.87% stake as Nikkei increased its stake to 25.87%. SPH Media Holdings Pte. Ltd. remains invested with a 17.55% stake
  • This latest investment round values Hand shakes at US$63m
  • The company intends to use the funds to build new product features and launch Hand shakes onto the global stage
  • The company provides a platform that increases corporate transparency by giving clients access and insights to complex corporate data centered on companies and individuals
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