Citibank is spinning out Proxymity, a digital communications platform for investors that was grown out of Citi Ventures’ internal innovation pipeline D10X. Proxymity also received $20.5 million in funding from eight investors who will nominate board members to help lead the company: BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan and State Street.  …Read More

Source: https://bankinnovation.net/allposts/biz-lines/corp-bank/citis-d10x-pipeline-spins-out-investor-voting-platform-proxymity/