6 years ago

Planixs Secures £3.5 Million Investment from BGF

  • Planixs, a Manchester-based fintech firm, has secured an initial £3.5 million minority equity investment from BGF

  • The company will use the funding to expand its global customer base, accelerate product development and support recruitment across the business

  • Planixs provides a cloud-based and on-premise technology solution suite called Realiti® for real-time intraday cash, collateral and liquidity management capabilities to the financial services industry

  • The investment comes after BGF experienced a record year of investing in the North West in 2018, providing £80 million in long-term funding across 16 deals.

      • ProblemFinancial Services

      "Global financial institutions need real-time cash, collateral and liquidity management solutions to comply with regulations and manage risk effectively."

      Solution

      "Planixs provides Realiti®, a cloud-based and on-premise technology suite that delivers real-time insights and management capabilities for cash, collateral, and liquidity, helping financial institutions meet regulatory requirements and optimize their operations."

      Covered on