Clal Insurance and SCB Digital Ventures returned to help provide series C funding for the asset management software provider, having backed its series B last year.
Israel-based asset management software provider Pagaya has secured $25m in a series C round featuring insurance firm Clal and SCB Digital Ventures, the strategic investment arm of financial services firm Siam Commercial Bank.
The round was led by growth equity fund Oak HC/FT and included venture capital firm Viola Ventures, family office GF Investments and Harvey Golub, a former chairman and chief executive of payment services firm American Express.
Pagaya has built a technology platform called Pagaya Pulse which utilises…