Israeli Founder Raises $220 Million as Some of America’s Biggest Banks Back His Company Now Worth $2 Billion

Citi led the $120 million investment round. Bank of America, Nomura and Tradeweb joined as new investors, alongside returning backers including JPMorgan, Barclays and UBS.

The remaining $100 million comes from loans. Capitolis builds technology that helps banks use their money more efficiently and manage financial risks.

Most of the funding will support its purchase of eSecLending, expanding the services Capitolis offers banks and investors. The company has a development center in Tel Aviv.