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YieldX raises $18m in Series A funding

Miami based fixed income fintech company raised $18m in Series A funding led by Envestnet.

"Upon recognizing the alignment in our visions for the future of wealth and financial technology, we saw an exciting opportunity to work with Envestnet," said Adam Green, Co-Founder and CEO of YieldX. "The depth of the Envestnet ecosystem and the breadth of its share across several key markets is impressive. We view this strategic partnership as a powerful way to level the fixed income playing field for Envestnet's broad network of advisors and end investors with solutions that simplify the traditional complexities of sourcing and trading fixed income assets. We believe the power of our solutions can make a meaningful impact upon the financial futures of investors."

Tags

capital markets, fixed income