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

Tempo Blockchain Goes Live with Machine Payments Protocol

New technology enhances automated transactions in blockchain space.Highlights: Tempo Blockchain officially launches its machine payments protocol.The new technology...

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active...

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...