Euroclear to buy private markets fintech Goji
Post trade services provider Euroclear is set to acquire UK’s Goji, a provider of digital and technology solutions to private markets, for an undisclosed sum.
Euroclear is acquiring Goji for an undisclosed sum
With the acquisition, Euroclear plans on expanding its footprint into private markets, and provide a digital platform enabling end-to-end access to the private fund market through Euroclear’s open infrastructure and Goji’s tech.
Following its previous acquisition of MFEX, a funds distribution platform, Euroclear says it will now become a “true one stop shop” for customers with access to a range of products including mutual and alternative funds, ETFs and private funds.
“We see a strong demand from the market for more scalable and digitalised solutions and given the opportunities, it makes perfect sense to add this capability to our portfolio of services,” says Lieve Mostrey, CEO of Euroclear Group.
“One year after the MFEX acquisition, this new investment fully supports our global funds strategy to be a leading platform across all fund asset classes.”
Founded in 2015 and headquartered in London, Goji helps asset managers, fund administrators and asset owners give all investors digital access to private funds via its platform. Regulated by the Financial Conduct Authority (FCA), it claims to serve nearly 30,000 investors.
