The latest funding round took Capitolis’ total funding to $170 million to date and was led by venture capital firm Andreessen Horowitz.
Evelina Rosenstein, Alex Dubost, Dr Petra Wikstrom and Meshi Peer have joined the Capitolis team as it looks to expand its headcount from 50 to 90.
Lindsey Baptiste and Hen Lotan will join FinTech firm Capitolis as senior vice president of finance and chief of staff respectively.
Capitolis intends to use the funds from this latest investment to further accelerate its technology and product development.
Capitolis has seen record transaction volumes of $417 billion in the second quarter of 2020 on its FX options novations platform.
Startup founded by former Thomson Reuters and EBS BrokerTec chiefs will use the funds to expand its platform and products.
Justin Klug joined Capitolis from Credit Suisse two years ago as COO and will take on the role of president at the firm.
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.
EBS BrokerTec’s former CEO, Traiana’s former head of technology and the former CEO at Thomson Reuters founded Capitolis in 2017.