What's Happening?
Qapita, a Singapore-based equity management startup, has raised $26.5 million in a Series B funding round led by Charles Schwab. The company provides an equity management and liquidity platform, serving companies across Southeast Asia and the U.S. The funds will be used to expand Qapita's presence in the U.S. market and enhance its platform capabilities, supporting partnerships through Schwab's new private issuer service.
Why It's Important?
The investment in Qapita highlights the growing importance of equity management solutions in the financial services industry. By expanding its presence in the U.S., Qapita aims to capture a larger market share and offer enhanced services to its clients. This funding round underscores the potential for growth in the equity management sector, driven by increasing demand for efficient tools to manage ownership and employee equity.
