Financial technology firm, AccessFintech has recently completed its $60 million Series C funding round. Led by WestCap, the investment round witnessed participation from financial giants like Bank of America and BNY Mellon.
Since 2018, AccessFintech has secured a total of $97 million in funding. The fintech company is planning to use the funds to expand its operations with a focus on the expansion of collaborative data management network.
In addition to WestCap, Bank of America, and BNY Mellon, the latest $60 million investment round also saw participation from Dawn Capital, JP Morgan, Goldman Sachs, and Citi Group. Kevin Marcus and Caroline Butler will join AccessFintech’s Board of Directors.
Commenting on the funding round, Roy Saadon, CEO of AccessFintech, said: “We are fortunate to fuel our next stage of growth with partners that combine a highly regarded growth VC and global strategic investors. We…