Blackstone-backed FTV Capital completed the investment in FundApps.

Blackstone-backed FTV Capital, a growth equity firm, completed the investment in FundApps, a compliance monitoring and reporting technology platform. Financial terms were not disclosed. "As capital markets continue to undergo rapid technology change, FundApps has established itself as a mission-critical platform providing financial institutions with the regulatory assurance they need to navigate an increasingly complex and evolving landscape. We are confident that the company’s consistent growth at scale and exceptional customer retention – combined with FTV’s track record of scaling capital markets services businesses – will make this partnership a powerful proponent of FundApps’ continued momentum," Brad Bernstein, FTV Capital Managing Partner.