Bynder: Receives Majority Investment from Thomas H. Lee Partners

Bynder Receives Majority Investment from Thomas H. Lee Partners

  • Bynder, an Amsterdam, Netherlands-based digital asset management (DAM) company, received a majority investment from Tomas H. Lee Partners
  • The amount of the deal was not disclosed. The transaction is expected to close in early 2023
  • The company provides a cloud-native digital asset management platform that improve the creation, management, and distribution of marketing assets
  • Its platform helps thousands of companies, including Spotify, Puma, Five Guys, and Icelandair
  • Founded in 2013 by Chris Hall, who will continue to serve on its board, the platform has eight offices around the globe, including the Netherlands, the United States, Spain, UK, Australia, and UAE
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked.Highlights: JPMorgan tests software to monitor working hours...

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape.Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading.Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies.Highlights: Aveni establishes the Agentic AI Council for...