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
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump