Proxymity Announces New Strategic Investment By Bnp Paribas Securities Services
03/23/22, 4:00 AM
Location
london
Proxymity, the leading digital investor communications platform, announced today that BNP Paribas Securities Services has invested $6 million in its latest Series B fundraising. BNP Paribas Securities Services, one of the world's largest custodian banks, is the ninth major global financial institution to join the Consortium backing Proxymity.
Company Info
Location
london, ontario, canada
Additional Info
The company has delivered significant growth since its launch in April 2020, providing digital access to over 12,000 meetings in 29 markets worldwide. The Proxymity platform also drives solutions compliant with all the security and data protection requirements established under (EU) SRD II regulations, as well as shareholder rights. The Consortium's continued support for the Proxymity vision reflects the value that the Proxymity platform is bringing to the whole ecosystem." Proxymity will use the new funds to expand further their product and market footprint, drawing on the platform's capabilities in delivering digital global investor communications. Proxymity will use funds to further expand the company's product and market footprint, drawing on the platform's capabilities to deliver digital global investor communications. In the last few months alone, we have seen Proxymity open its APAC hub in Australia, following joint collaboration of an integrated voting solution for custodians and their institution investors in [2020]; we've also delivered a market-first digital proxy voting into New Zealand. Proxymity is an innovative investor communications platform that connects issuers, intermediaries, and investors via their proprietary digital network.