Private capital raising platform HUBX has secured 拢4 million听in new听蹿耻苍诲颈苍驳.听听
European B2B technology venture fund听Basinghall Partners, together with Barclays, ELITE and individual investors, participated in the London FinTech start-up鈥檚 latest funding round. 听
The investment will be used to accelerate HUBX鈥檚 product roadmap, grow the team and scale its marketing and distribution capability.听
Founded in 2015, HUBX is simplifying and connecting the private capital raising and distribution processes. Its technology leverages automation and data insights to help organisations execute transactions faster, collaborate and gain deeper insights into their networks.听听
HUBX, which integrates its cloud APIs with听start-ups, banks, brokers and exchanges,听saw a surge in demand for its digital capital markets solutions in 2020, with organisations seeking digital transformation at an accelerated pace.听听
By connecting front office activities with core听back office听systems, institutions can fully digitise their capital raising activities and accelerate their digital transformation while leveraging legacy infrastructure.听听
鈥淭here鈥檚 tremendous potential in helping organisations digitise their private capital raising and distribution activities, with current conditions accelerating the trend towards the digitisation of all transactions end-to-end,鈥� said听Axel听Coustere.听
鈥�We are delighted that our investors are seeing the significant opportunity to transform private financing globally.鈥�听
Andrew Irvine from听Basinghall听Partners added: 鈥淲e are pleased to add HUBX to our portfolio and look forward to providing our network and knowledge base to further enable the HUBX opportunity.听
鈥�Simplifying and connecting private capital markets with the latest technology is an exciting and topical prospect.鈥�