TRUMID, a New York-based fintech startup and bond trading platform, has secured fresh investment from global investment firm Hillhouse Capital in a US$60 million funding round.
The latest injection of funds will be used to expand Trumid’s US corporate bond business, and for protocol and product expansion, the company said. Mike Sobel, President of Trumid, noted that Hillhouse is a"fantastic partner" for Trumid at this stage of its life cycle."They have a stellar track record of supporting long-term growth, and will help us improve and expand for years to come," he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GK Goh, Boardroom, Rich Capital and Mercurius Capital Investment separately call for trading haltsFOUR companies have separately requested trading halts 'pending the release of announcement', just before the market opened for trading on Wednesday Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Asia stocks slip, bonds rally on fear China-US trade deal could unravelAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks bounce back as trade rhetoric cools[NEW YORK] US stocks on Tuesday reclaimed some of the ground lost in the prior day's steep sell-off, with tariff-sensitive technology stocks leading the S&P 500 and the Nasdaq higher as investors were heartened by a tonal shift in US-China trade rhetoric. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »