Bank Central Asia’s Central Capital Ventura unit and Cohen and Company were among the investors in the banking software provider’s latest round.
UK-based open banking platform developer Railsbank secured $70m on Wednesday from investors including Central Capital Ventura, the corporate venturing arm of financial services firm Bank Central Asia.
Growth equity firm Anthos Capital led the round, which included accounting firm Cohen and Company, venture capital fund Outrun Ventures and unnamed existing shareholders.
Railsbank has created banking application programming interfaces (APIs) that enable enterprise customers to create and launch financial services platforms. Its customers include financial technology providers, telecommunications firms, supermarket chains…
