Linnovate Partners Secures $40M from SeaTown

 


Linnovate Partners, a key player in asset servicing and fintech for the alternative investment sector, is excited to announce the successful completion of a USD 40 million funding commitment from SeaTown Private Capital Master Fund. Managed by SeaTown Holdings International Pte. Ltd., a prominent Asia-focused alternative investments firm owned by Seviora, Temasek's asset management group, this capital injection represents a significant milestone for Linnovate. It will allow the company to expand operations, foster innovation, and reinforce its standing as an industry leader.


Amidst Linnovate's rapid expansion and growing demand for its technology-driven services, the funding will be crucial in meeting client needs and driving market innovation. By strategically allocating additional resources, Linnovate aims to stay ahead in technological advancements and uphold its dedication to providing top-notch solutions to clients globally.


Henry Lin, the CEO and founder of Linnovate Partners, expressed his excitement about the investment opportunities, stating, "We are delighted to welcome SeaTown as our strategic partner and investor. This investment will play a key role in propelling our growth, equipping us with the resources needed to enhance our services and continue delivering innovative solutions to our clients and the industry."


Dickson Loo, the Managing Director of SeaTown, also shared his thoughts, saying, "Linnovate has proven itself as a leading player in the industry, with a unique customer-centric culture and strong focus on technology. We look forward to being part of Linnovate's growth journey, leveraging our network, resources, and expertise to support the company in reaching new heights."


More Information : https://www.techdogs.com/tech-news/pr-newswire/linnovate-partners-announces-close-of-usd-40-million-funding-commitment-led-by-seatown

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