Qapita secures $34.3m funding to scale US operations

It will help scale its equity management platform into the US.

Singapore-based Qapita, has raised $34.3m (US$26.5m) in its Series B funding round, led by US-based Charles Schwab Corporation.

The group stated that the investment will enable it to scale its equity management platform into the US market and launch its fund administration product globally.

Additionally, Qapita and Charles Schwab will collaborate on Schwab Private Issuer Equity Services, a platform that allows US-based private companies to manage their capitalisation tables.

($1=US$0.77)

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