FinTech Alliance community company Globacap has raised £6.5mn funding
In Brief:
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Globacap offers an online automation platform for private capital markets.
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The company’s Series A round was led by the Johannesburg Stock Exchange (JSE).
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It also included Moore Strategic Ventures.
What does this mean?
Globacap will use the funding to help roll out its digital platform. In an interview with FinTech Alliance late last year, CEO and Co-Founder Myles Milston commented on the company’s mission to make scaling easier for companies. “When a FinTech raises funds from investors globally, our platform automatically takes care of all the regulatory and administrative overheads – it's just done,” he explained.
