Capitolis Raises $220M to Fund $200M All-Cash Acquisition of eSecLending
Capitolis Raises $220M to Fund $200M All-Cash Acquisition of eSecLending #
New York-based fintech Capitolis has closed a $220 million financing package, combining a $120 million Series E equity round with $100 million in debt, to fund its planned $200 million all-cash acquisition of securities lending specialist eSecLending. The company announced the financing on October 6, 2026.
The Series E round was led by existing investor Citi and values Capitolis at $1.9 billion. New strategic investors Bank of America, Nomura, and Tradeweb Markets joined the round alongside additional existing and new financial backers. The debt was provided by First Citizens Innovation Banking, formerly Silicon Valley Bank, Hercules Capital, and Pinegrove Venture Partners.
The capital raise follows Capitolis’s September 29, 2026 announcement that it had agreed to acquire eSecLending, an independent agent lender with more than two decades of operating history, for $200 million in cash. eSecLending is an intermediary between institutional asset owners, including pension funds, insurance companies, and asset managers, and major global banks and prime brokers seeking to borrow securities. The deal is Capitolis’s fourth strategic acquisition in five years, according to the company.
Capitolis Founder and CEO Gil Mandelzis called the raise “a strong endorsement” of the company’s strategy and its ability to execute. The acquisition is intended to add a securities lending franchise with an established institutional client network to Capitolis’s existing Capital Marketplace and Portfolio Optimization businesses.
Capitolis President Okan Pekin said the two companies had already been working together before the deal was struck, citing the “strength of their client relationships” and the fit between securities lending and Capitolis’s existing offering. The acquisition also extends the fintech’s reach to institutional asset owners, a client segment it had not previously served directly.
Capitolis says the combined platform will allow banks, asset managers, and institutional investors to optimize how they deploy capital and securities across their portfolios. The deal is expected to generate tens of millions of dollars in incremental revenue for the combined business, according to Dealroom. Closing of the acquisition remains subject to customary regulatory approvals.
Copy link