Proxymity closes $52m Series B funding round with further investment from Citi and Deutsche Börse
Additional $15m investment from Citi Ventures, Deutsche Börse Group and Mediant takes the Series B investment total to over $50m.
Additional $15m investment from Citi Ventures, Deutsche Börse Group and Mediant takes the Series B investment total to over $50m.
New proxy voting service facilitates compliance with EU SRD II Directive on exercise of shareholders′ governance rights.
Deutsche Bank becomes the second major custodian to go live on the platform, after Citi announced in April that it would connect to Proxymity for 10 markets.
The FinTech firm stated many of the major registrars and custodians have adopted the Proxymity platform, representing 96% of Irish equity issuers.
Proxymity is bringing to market a new digital shareholder disclosure solution ahead of Europe's incoming SRD II regulation.