Capstack Technologies, a Miami, FL-based bank-to-bank marketplace designed to mitigate asset risk, received an investment from Citi Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and development efforts.
Led by CEO Michal Cieplinski, Capstack Technologies is building an integrated bank-to-bank loan marketplace, enabling cooperation across banks and financial services institutions to increase profitability and mitigate risk through asset diversification. It is dedicated to promoting infrastructure to redefine banking operations, improve risk management and provide solutions for small and medium-sized banks.
It raised $6M in funding in Summer 2023.
