HSBC led a Series C round in HQLAX.

HSBC, a British universal bank and financial services group, led a Series C round in HQLAX, a financial technology firm, with participation from BNP Paribas, BNY Mellon, Citigroup, Deutsche Börse Group, Goldman Sachs and JP Morgan. Financial terms were not disclosed. “We are very excited to welcome HSBC as a strategic investor. In addition to investing in our company in support of our strategic platform vision, HSBC is also connecting to our platform, both as an Agent Lender and as a Bank Borrower. We are proud of completing the transaction and grateful for the strong and continued commitment from our existing investors,” Guido Stroemer, HQLAX CEO.