OpenFin, which offers an operating system for financial services, has secured investment.
In Brief:
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SC Ventures, Standard Chartered’s innovation arm, will invest strategically in the firm.
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The investment brings OpenFin’s total funds raised to $50mn.
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OpenFin’s technology is used by more than 1500 banks in over 60 countries.
What does this mean?
Standard Chartered has invested following its adoption of OpenFin’s product earlier this year. The FinTech will use the capital to ecpand its product and engineering teams.
