17 C
London
Thursday, May 16, 2024
HomeBankingSC Ventures: Invests in OpenFin

SC Ventures: Invests in OpenFin

Date:

  • OpenFin the operating system (OS) of finance announced that it secured a strategic investment from SC Ventures
  • SC Ventures, the innovation, fintech investment and ventures arm of the international banking group, Standard Chartered
  • The strategic investment by the Standard Chartered unit help OpenFin meet the growing demand for digital workspaces and app stores
  • The capital will accelerate new product development and brings OpenFin’s total funding to date to $50 million (USD)
  • The latest round of capital used to expand OpenFin’s product and engineering teams focused on building new user interface components of OpenFin OS
  • Standard Chartered joins a distinguished group of OpenFin investors, including Bain Capital Ventures, Barclays, DRW Venture Capital

Related stories

Monzo secures additional $190m funding from new and existing investors

Funding Round Details:Monzo, the UK-based digital challenger...

Sweden’s Mitigram names Pedram Tadayon as new CEO

New CEO Appointment:Swedish digital trade financing platform...

Ecology Building Society set for 2025 core banking overhaul with Monument Technology

Partnership Overview:UK-based mutual Ecology Building Society has...

UK lender Abound secures £800m in mix of equity and debt financing

Abound's Financing Round:UK-based credit technology firm Abound...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img