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Announced

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Standard Chartered and MUFG Innovation Partners led a $165m funding round in Symphony Communication.

Synopsis

Standard Chartered, a international bank, and MUFG Innovation Partners, a corporate venture capital company, led a $165m funding round in Symphony Communication, a secure and compliant collaboration platform, with participation from JP Morgan Chase, an American multinational investment bank and financial services holding company. “Capital Markets’ interest in accelerating Symphony’s growth is as strong as ever, we are very pleased to welcome Standard Chartered and Mitsubishi UFJ Financial Group to our strategic investor community. This investment establishes an unprecedented coalition of East and West, North to South and unites fragmented communication infrastructure into a mission-critical secure and compliant collaboration platform – an unprecedented global effort to accelerate efficient financial workflows. Symphony’s community is coming together to build stronger connections, automations and expanded customer reach as part of their digital transformation initiatives,” David Gurlé, Symphony Founder and CEO.

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