Citi - News, Articles & Research

Company announcement/markets

Citi goes live in South Africa on Proxymity's digital voting service

Proxymity, the leading digital investor communications platform, announced today that they have entered into an agreement with Citi Securities Services to go live in South Africa with their transformative digital proxy voting service, Vote Connect Total.

13 March 2023

Company announcement

Singlife signs with Citi and Blackrock to unify middle and back office

Singlife Transforms Investment Capabilities Through Landmark Technology Partnership with Citi and BlackRock Homegrown financial services company Singlife has appointed Citi and BlackRock Aladdin® to provide it with a comprehensive technology platform to unify and transform its asset management capabilities across its front, middle and back-office offering.

09 March 2023

News/retail

Walmart partners Citi on digital lending platform for suppliers

Walmart is teaming up with Citi on a platform that connects the retail giant's network of 10,000 US-based small business suppliers with dozens of lenders.

02 March 2023

News/crime

Citi invests in financial crime risk management vendor Quantifind

Quantifind, a provider of AI-powered financial crimes risk management technology, has raised $23 million in a funding round joined by Citi Ventures.

01 March 2023

Company announcement/markets

Citi consolidates eFX trading platforms into Velocity 3.0

CitiFX has consolidated its portfolio of eFX trading platforms for corporate and professional investor clients.

23 February 2023

Company announcement/retail

Mortgage lender LiveMore Capital scoops £250 credit facility from Citi

LiveMore Capital has secured a credit facility of up to £250m from Citi taking total funding raised by the lender since inception to nearly £600m.

30 January 2023

News/regulation

Top banks back $24 million round in operational risk fintech Acin

A consortium of top US, European and UK banks have backed a $24 million Series B round in operational risk network Acin.

16 December 2022

News/crypto

US banks launch digital asset settlement platform PoC

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

16 November 2022

News/payments

A2A payments firm Banked secures $15 million Series A extension

London-based Banked, provider of an account-to-account payment method enabling consumers to avoid the card schemes at checkout and pay from their existing mobile banking app, has raised over over $15 million in a Series A extension round, led by global software investor Insight Partners and supported by Citi and National Australia Bank Ventures.

15 November 2022

News/wholesale

Citi Ventures makes first fintech investment in India

Citi Ventures has made its first fintech investment in India, joining a $60 million raise in bank lending software house Lentra.

14 November 2022

News/crypto

Philanthropy is facing a ‘triple squeeze’ and digital assets can help - Citi

Citibank’s recent report ‘Philanthropy and the Global Economy’ has found that digital assets can be the future of philanthropy in wake of the cost of living crisis. Amy Thompson, report author, and Ronit Ghose, global head of future of finance at Citi, sat down with Finextra to discuss the significance of this report in light of the cost of living crisis.

07 November 2022

News/wholesale

Survey shows support for shorter settlement cycles

The majority of market participants expect the settlement cycle for equities to shorten to T+1 within the next five years, according to recently published research.

04 November 2022