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AccessFintech raises $60m in Series C led by WestCap

AccessFintech has raised $60 million in a Series C funding round, led by WestCap. As the lead investor, WestCap brings deep experience building and scaling transformational software for capital markets with companies including Ipreo, iLEVEL, BrokerTec, Tradeweb and SIMON Markets.

Additional investment was secured from BNY Mellon and Bank of America, with further participation from Series B investors Dawn Capital, JPMorgan, Goldman Sachs and Citi Group. The company’s latest funding round follows a $20 million Series B and brings the total capital raised to $97 million since 2018. 

The additional funds will be used to accelerate AccessFintech’s growth as it expands its collaborative data management network to additional markets. AccessFintech’s Board of Directors will be joined by Kevin Marcus, Partner at WestCap and former President of Ipreo, and Caroline Butler, Global Head of Custody at BNY Mellon.

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