Equity management platform Qapita raises $26.5 Mn in Series B round

Singapore-based equity management platform Qapita has raised $26.5 million in its Series B funding round led by US-based Charles Schwab Corporation, with participation from existing investors Citi and MassMutual Ventures.

Earlier in October 2021, Qapita raised $15 million from East Ventures (Growth Fund) and Vulcan Capital and others. It has raised nearly $50 million to date.

The proceeds will be used to help Qapita expand into the US market and launch its fund administration product across multiple regions. Qapita also plans a strategic collaboration…