V?rtx, an infrastructure platform for the financial market, has scored $35m in its Series B round, which was led by FTV Capital.
Funds from the round will be used to make enhancements to V?rtx technology stack and bolster its presence in the financial back office market in Brazil.
Founded in 2015, the company is a one-stop shop for fund managers and corporations through its fund administration and corporate services. It serves as fund administrator, custodian, bookkeeper and fiduciary agent.
Last year, the company launched its digital meetings service VX Meetings. The company also recently invested into crypto exchange platform Parfin, helping it enter the crypto asset market.
Vortx CEO and co-founder Juliano Cornacchia said, ?The financial market’s back office has always been bureaucratic and not as technologically advanced as it could be in Brazil.
?At Vortx, we set out to change this and believe that through technology, we can significantly improve customer experience and continue to scale our business.p>
FTV Capital led the $35m investment into capital markets FinTech platform Derivative Path last year. The company offers a cloud-based trading technology solution.
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