Institutional Investment & Trading

The global Institutional Investments & Trading sector recorded only $521.3m of funding in the first half of 2020 which is only 12.4% of the levels seen in H1 2019

AXA Strategic Ventures has closed its debut fund of funds vehicle on €150m ($175m), which will back ‘FinTech/InsurTech funds, as well as sector-agnostic VC funds globally’, according to AXA Strategic Ventures principal Dominic Maier.

Capital markets FinTech Capitolis has raised $110m in Series D funding, bringing it to a $1.6bn valuation.

FinTech startup Digital Asset, which uses blockchain technology to make trading more efficient and less costly, has announced several additions to its senior management.

Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.

Democratic representative Alexandria Ocasio-Cortez has called for an inquiry into why Robinhood shut users out of trading GameStop stocks.

Point of sale (POS) financing SaaS provider FinMkt has teamed up with global solutions company Persistent.

California-based fractional real estate investing platform Fintor closed a $2.5m seed funding round.

Financial infrastructure company tryb Group has received a $30m investment from Makara Innovation Fund.

Bound, which hopes to make currency hedging simple for SMEs, has secured $6.5m, in its seed funding.