BNP Paribas backs Anthemis in investment round

Global investment platform Anthemis has received financing backing from BNP Paribas in an investment round.

Founded in 2010, Anthemis has a primary focus on the FinTech and InsurTech sectors and has established a large portfolio of start-ups including eToro and international online money transfer business Azimo.

The investment is being made through BNP’s global markets strategic investment unit, which invests in high-growth FinTechs.

According to BNP, the investment is part of its strategy to partner with innovative technology companies to ‘transform their value chain and provide an industry leading service to its clients’.

BNP Paribas head of global markets Olivier Osty said, “We are delighted to be investing in Anthemis which has a strong track record in FinTech investments. We are not only investing in the fund but also looking at potential partnerships and co-investment opportunities which will support the capital markets industry and develop the next generation of FinTech champions.”

Anthemis CEO Briana van Strijp added, “For over a decade, Anthemis has been committed to reshaping financial services, cultivating change by investing in, growing, and sustaining businesses committed to improving the world. This work cannot be done without partners like BNP Paribas. We couldn’t be more excited to work alongside BNP Paribas whose leadership embodies this.”

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