Linnovate Partners Secures $40m From Seatown

By Author: Ben Gross
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Linnovate Partners, a key player in asset servicing and fintech for the alternative investment industry, 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 in Linnovate's journey, empowering the company to expand operations, foster innovation, and reinforce its standing as an industry leader.

As Linnovate navigates through rapid expansion and growing demand for its technology-driven services, the influx of funds will be crucial in meeting client needs and driving market innovation. This investment will allow Linnovate to strategically allocate additional resources, ensuring the company's continuous advancement in technology and unwavering commitment to delivering top-notch solutions to clients globally.

Henry Lin, the founder and CEO of Linnovate Partners, expressed his excitement about the opportunities brought by this ...
... investment, stating, "We are delighted to welcome SeaTown as our strategic partner and investor. This funding will play a key role in propelling our growth, providing us with the necessary resources to enhance our services and continue offering cutting-edge solutions to our clients and the industry."

Dickson Loo, the Managing Director of SeaTown, added, "Linnovate has proven itself as a leading player in the industry, with a unique culture centered around customer satisfaction and a strong focus on technology. We are thrilled to be 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