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Breaking· Economy· Updated

Capitolis Raises $220 Million at $1.9 Billion Valuation

Fintech firm Capitolis has raised $220 million in equity and debt financing at a $1.9 billion valuation. The funds will primarily support the company's $200 million acquisition of eSecLending, which is expected to significantly boost revenue.

3 newsrooms · 1 language · since

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Capitolis Raises $220 Million at $1.9 Billion Valuation
Illustration by baba

What happened

  1. 01Capitolis secured $220 million in funding, valuing the company at $1.9 billion.
  2. 02The funding includes a $120 million equity round led by Citi and other major banks.
  3. 03Debt financing was provided by First Citizens Innovation Banking and others.
  4. 04Most of the funds will finance the acquisition of eSecLending for $200 million.
  5. 05The acquisition is expected to add securities lending and boost revenue significantly.
Translated and summarized by baba from Calcalist, the latest report. Read Calcalist’s original

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3 newsrooms on this story

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