StoneX to acquire a minority stake in Tigress Financial Partners.

StoneX Group, a financial services organization, agreed to acquire a minority stake in Tigress Financial Partners, an investment bank and brokerage firm. Financial terms were not disclosed. The closing of this transaction is subject to limited conditions, including regulatory approval. "This transaction opens up a host of new doors for our legacy client base and allows Tigress to leap into new markets and products faster than we previously could have imagined. Of key importance to us, was that StoneX has demonstrated a strong corporate culture. They are committed to accelerating progress in both equality of opportunity and women's empowerment, which are central to StoneX's business growth and their social impact; as such they are the ideal partner to propel the Tigress business and mission," Cynthia DiBartolo, Tigress Financial Partners CEO.