MH client, Motive Partners (Motive) early-stage vehicle has backed the Belgian based decentralised debt capital markets technology platform, Credix. Motive co-led the $11.25 million Series A with ParaFi Capital. David Strong led the MH team, continuing the team’s work with early-stage fintechs and leading technology funds and further developing its experience in the crypto space.
The Credix platform enables the democratisation of debt capital markets by matching institutional investors and FinTech lenders. Commenting on Credix’s growth strategy, Thomas Bohner (Co-founder and CEO) said, “The funds from the round will be used to accelerate the development of our platform, team growth, and integration with Web3 projects”.
Motive invests in and partners with technology-enabled financial and business services companies. The firm has over $5B in assets under management and serves five primary subsectors: banking & payments, capital markets, data & analytics, wealth & investment management, and insurance.
Congratulations to everyone involved in the deal.