Fundinfo, a Zurich, Switzerland-based online platform for fund information and mandatory fund publications, received a significant investment from HgCapital.
The amount of the deal was not disclosed.
The company will use the funds to further expand its services (in the areas of fund information processing, publishing and dissemination, as well as automated fund analysis and selection) and regional coverage.
Led by Philipp Portmann, fundinfo provides an online platform for fund information and mandatory fund publications. The platform provides free access to more than 17 million fund documents, data about over 25,000 funds and 160,000 share classes, fund manager videos, ratings and NAV prices of products from more than 800 fund houses.