Following a $200 million Series C funding round earlier this year, the new investment will allow the app developer to expand its operations as interest in its platform continues to grow.
Bank of America, JP Morgan and Morgan Stanley have all received multi-million dollar fines for activities relating to off channel communication on personal devices.
Venue will launch for loans first, with a collateralised loan obligations (CLO) trading venue to follow and with plans to expand to other products in the credit market later.
The past week saw appointments from Millennium, Newton Investment Management, FactSet, Bank of America, Babel Finance and Capitolis.
Incoming executive spent the last 10 months at Bloomberg, after nearly nine years as a financial journalist.
Revenues at Goldman Sachs, Morgan Stanley, and Citi soared on the back of gains made in trading, lending and ongoing market volatility.
With the first trading focused sustainability initiative preparing to launch and swathes of regulation and data focused initiatives being brought to market, these individuals see sustainability at the heart of market discussion next year.
Incoming head brings two decades of experience from roles at Bank of America, ICP Capital, Morgan Stanley, Lehman Brothers, and PricewaterhouseCoopers.
Global banking and markets president will retire at the end of this year as Bank of America is expected to announce succession plans in the coming weeks.
The executives will run the EMEA ESG council at Bank of America aimed at minimising its climate impact and supporting clients in their low-carbon transition.