Markets.News
In Bridgewater, New Jersey, Alacriti, a prominent fintech company specializing in payments, revealed a significant development today. They disclosed a strategic growth equity investment that was spearheaded by Sageview Capital. Additionally, BMO Capital Partners, a division of BMO Financial Group’s Commercial Banking arm, and Curql Fund also took part in this investment. BMO Financial Group is noteworthy as the eighth-largest bank in North America based on assets. Curql Fund, on the other hand, is a collaboration of over 160 credit unions that jointly invest in fintech initiatives. This investment marks a pivotal moment for Alacriti as it aims to capitalize on its robust growth trajectory.