AccessFintech Raises Series C Led by WestCap with BNP Paribas Investment
AccessFintech, a fintech specializing in data and workflow collaboration for capital markets post-trade services, raised a Series C funding round in January 2023. The round was led by WestCap, with BNP Paribas's Securities Services unit participating as a strategic investor. Previous investors in the company include Dawn Capital (which led the Series B), JPMorgan, Goldman Sachs, Citi, Bank of America, and BNY Mellon, reflecting deep institutional backing across major global banks.
The new capital is intended to accelerate AccessFintech's growth in collaborative data management networks and support expansion into new markets and asset classes. AccessFintech's platform enables financial institutions to share and reconcile post-trade data, reducing friction and operational risk in capital markets workflows. BNP Paribas's participation signals the continued interest of large custodian banks in fintech-driven infrastructure for securities services.
Specific financial terms of the Series C were not publicly disclosed.
- Major custodian banks continue to invest in fintech infrastructure for post-trade collaboration, signaling demand for BaaS-adjacent capital markets tooling.
- AccessFintech's broad bank investor base positions it as a potential standard-setter for collaborative data networks in securities services.