5 years ago

Proxymity Secures $20.5 Million in Strategic Funding to Expand Investor Communications Platform

  • Proxymity, a London, UK-based digital investor communications platform, has raised $20.5 million in strategic funding from a consortium of leading global and direct custodians and issuer agents

  • The consortium includes BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P

  • Morgan, and State Street

  • Proxymity will use the funds to scale its platform offerings and expand into new geographic markets

  • The company provides a real-time and fully transparent electronic proxy voting platform, which is especially valuable amid current remote working arrangements.

      • ProblemFinancial Services

      "Proxymity aims to address inefficiencies in the investor communications process, particularly in proxy voting and shareholder disclosure, by providing a real-time, transparent electronic platform."

      Solution

      "Proxymity offers a digital investor communications platform that enables instant access to the world's leading investors and companies, enhancing transparency and efficiency in the proxy voting process and automating shareholder ID requests."

      Covered on