Citi-Backed Fintech Capitolis Hits $2 Billion Valuation After New Funding Round
Financial technology firm Capitolis has raised $220 million in its latest financing round, bringing its valuation to approximately $1.9 billion. Backed by banking giant Citi, the company focuses on optimizing capital and market capacity for financial institutions. This significant funding highlights continued investor confidence in specialized fintech infrastructure during shifting economic conditions.
Source: Reuters