News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Fintech

Spencer-backed bond fintech adds R3’s Rutter as a shareholder

Founders and backers say Covid crisis has accelerated the need and readiness for online tech in automating the bond markets

A fintech firm aiming to digitise bonds has won a second funding boost from City grandee Lord Spencer, and a new investment from blockchain boss David Rutter, adding more big-name clout to its bid to shake up the bond market.

The venture, called Digital Debt Capital Markets, has raised £4.3m from existing and new backers in a second funding round, it said on 21 September.

WSJ Logo