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OpenFin lands $35m in Series D funding | Fintech InShorts: Latest fintech news, analysis by experts
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OpenFin lands $35m in Series D funding
BusinessFundingInvestments
Less than 1 min.Read

OpenFin lands $35m in Series D funding

Laura M
By Laura M

US-based start-up OpenFin has raised $35 million in a Series D funding round led by Bank of America. The funding will be used to further expand the adoption of OpenFin’s workspace platforms in the financial services industry.

Facts

  • OpenFin has secured $35 million in a Series D funding round led by Bank of America.
  • The funding round saw participation from Pivot Investment Partners, ING Ventures, CME Ventures, CTC Venture Capital, SC Ventures, and Tribeca Early Stage Partners.
  • OpenFin, founded in 2010 and headquartered in New York, provides workspace platforms to financial services firms.
  • The company’s operating system is used by over 3,800 banks, wealth, and asset management firms across 60 countries.
  • OpenFin previously received a $10 million investment from ING Ventures and formed a strategic partnership with In-Q-Tel (IQT) in November 2022.
  • The new funding will be used to accelerate the adoption of OpenFin’s software in the financial services industry.
  • Mazy Dar, CEO of OpenFin, stated that OpenFin Workspace is transforming the experience for employees and customers by replacing traditional browsers with an enterprise browser designed for work.

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