42Markets Group, the financial and capital markets fintech investment group, has secured $10 million in growth funding from Convergence Partners to help banks, leapfrog legacy software to streamline and automate their IT Operations infrastructure.
The investment will be channeled through 42Markets Group firm Andile (UK), a capital markets services and advisory firm which works with Investment Banks and Central Banks, across Africa, the United Kingdom, the European Union, Australia, and India.
In a statement, 42Markets Group CEO Andries Brink, “this is a real vote of confidence in the positive impact investment in digital financial infrastructure can have, both in developing and in mature markets.”
With over a decade of experience in the East African market, Andile has established itself as a trusted partner for banks and financial institutions, creating jobs and driving economic growth in the region. The funding will enable Andile to further leverage its…
