Appital: Secures £2.5m investment led by Frontline Ventures
- Appital, a London-based marketplace bidding to unlock latent liquidity in equity capital markets
- Announced it has secured a £2.5m investment from Frontline Ventures and a number of seasoned capital markets angel investors
- The investment will accelerate the development of technology infrastructure, integration with market-leading financial institutions
- The mission is to bring innovation to Equity Capital Markets, an area largely untouched by automation, plagued by opaque legacy processes
- A new trading platform that enables the discovery of latent liquidity
- The funding follows the recent announcement that partner with Turquoise to bring pioneering book building technology to the buy-side