About the Finomial Deal
February 7, 2018, Philadelphia, PA. Mufson Howe Hunter & Company is pleased to announce that Finomial, the leading global Compliant Client Lifecycle Management platform, has received a significant strategic equity investment from Silver 8 Capital.
Proceeds from the transaction will be used to expand Finomial’s footprint globally in existing and new markets, including asset managers, private banks and wealth managers, commercial and investment banks, as well as fast-growing fintechs, including alternative banks and crypto asset platforms. Finomial will also use the funds to extend Finomial’s current technical advantages as a single global SaaS platform with advanced geolocation of data across jurisdictions and reporting expertise in every global market.
Mufson Howe Hunter acted as Finomial’s exclusive financial advisor for the transaction. This engagement underscores MHH’s commitment to partnering with cutting-edge technology & service companies and our belief in the growing importance of reg-tech in the financial services sector.