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Synopsis
Sixth Street, a global investment firm, led a $63m Series C round in Luma Financial Technologies, a provider of the independent, multi-issuer platform for structured products and annuities, with participation from Bank of America, Morgan Stanley, UBS, and TD Bank Group. “This investment is a testament to the confidence our partners have in the value Luma brings to the market and the strength of the foundation we’ve built. We’ve experienced significant growth by staying focused on delivering value to our clients, and this new capital will accelerate that trajectory by deepening our presence in key markets and continuing to innovate — all while staying true to the principles that have driven our success,” Tim Bonacci, Luma Financial Technologies CEO.
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