DirectBooks Raised an Undisclosed Amount

  • Fundraising News
  • 02.02.2024 11:30 am

Mizuho Americas today announced its strategic investment in DirectBooks®, the leading primary markets communications platform. Through this investment, Mizuho will join the board of directors and work directly with other top-tier investment banks to enhance capital markets globally.

“DirectBooks has emerged as an important provider of innovative solutions for the capital markets” said Jerry Rizzieri, President and CEO, Mizuho Securities USA. “We look forward to playing a larger role in their continued success.”

DirectBooks is a fintech bank consortium founded to optimize capital markets through streamlined communication resulting from structured deal data, documentation, and information exchange. Mizuho Americas joined the DirectBooks platform as the first non-consortium bank user. Since then, the platform has grown to over 34 banks and more than 500 institutional investors.

“DirectBooks has quickly paved the way toward a more efficient workflow that makes sense for the overall market - issuers, banks, and investors,” said Paul Hughes, Head of Strategy, Mizuho Americas. “This investment is core to our strategy globally.”

 

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