About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

DMI Euro Award Winner WeeFin Raises €25m in Funding Round for ESG Platform

Subscribe to our newsletter

ESG data management startup WeeFin has raised €25 million in a Series B funding round to help develop its SaaS platform for the financial services sector.

The Paris-based startup, which won last year’s Data Management Insight Euro Award for Best Data Management Initiative for ESG, said the capital injection was led by BlackFin Capital Partners, a European fintech fund, as well as existing investors IRIS, Asterion Ventures and Ring Capita.

WeeFin said the additional funds would also help it drive international expansion, including in the UK through its London office.

Formed in 2021, the company provides ESG data optimisation services to 40 customers that oversee a total of €6.9 trillion.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

Providers of SFDR Reporting Solutions

Europe’s ESG regulatory space is dominated by the Sustainable Finance Disclosure Regulation, which requires listed companies in the bloc to declare the sustainability credentials of the funds they manufacture and the assets in which invest. Its intention is to give investors and advisers a clearer understanding of how sustainable investments are. Compliance requires the reporting...

EVENT

TradingTech Summit New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Preparing For Primetime – How to Benefit from the Global LEI

They say time flies when you’re enjoying yourself, and so it seems the industry have been having a blast with its preparations for the introduction of the global legal entity identifier (LEI) next month. But now it’s time to get serious. To date, much of the industry debate has centred on the identifier itself: its...