Linnovate Partners Secures $40M from SeaTown for FinTech Growth

In a significant milestone for the FinTech industry, Linnovate Partners, an avant-garde asset servicing firm specializing in the alternative investment sector, has acquired a whopping $40 million infusion from SeaTown Private Capital Master Fund. This strategic financial collaboration is set to bolster the former’s technological prowess and expand its operational capabilities. Linnovate Partners, renowned for their transformative approach to automating mid-to-back-office functions in fund administration, will utilize the investment to innovate and meet the escalating demand for tech-driven services. This funding marks a paradigm shift as it embodies the convergence of traditional financial acumen with cutting-edge technology to redefine operational efficiency and client services in the alternative investment landscape.

Strategic Investment and Technological Advancement

Linnovate Partners has carved a niche for itself by offering exceptional mid-to-back office solutions to the alternative investment sector, eliminating the drudgery of manual processes through technological innovation. Their proprietary cloud-based platform, RAISE, exemplifies this by providing streamlined services encompassing Fund Administration, Investor Relations, Regulatory Compliance, Reporting Services, and Technology Consulting. With the fresh capital from SeaTown, Linnovate is poised to enhance RAISE, ensuring that their offering stays at the forefront of the FinTech evolution. The investment from SeaTown, a subsidiary of the prominent Seviora group within Temasek, signifies not only a financial boost but also an alliance that brings together expertise, resources, and a shared vision for the future of financial technology.

The advent of this financial partnership is a clarion call to the industry, signaling a trend where the nexus between financial investment and technological advancement is set to become the new normal. In this dynamic partnership, SeaTown acknowledges the robust, technology-centric approach that Linnovate embodies. The investment will empower Linnovate Partners to invigorate their service delivery, foster innovation, and solidify their market position. This strategic collaboration is expected to catalyze Linnovate’s growth trajectory, enabling them to address the burgeoning demand for sophisticated, tech-enabled solutions in fund administration and asset servicing.

Leveraging Investment for Customer-Centric Growth

Under the leadership of CEO Henry Lin, Linnovate Partners is poised to reshape the asset servicing industry by aligning customer needs with innovative technology. The substantial investment from SeaTown will boost Linnovate’s expansion and enhance their services. With Lin at the helm, the firm targets new heights in offering unmatched value to their clients, as they move toward high efficiency through automated solutions.

SeaTown’s Managing Director, Dickson Loo, stands behind this collaboration, admiring Linnovate’s tech-driven and customer-focused approach. This partnership signals SeaTown’s belief in Linnovate’s potential for growth and scaling, providing their expertise and resources. Together, both entities aim to redefine industry standards for service and innovation, thereby transforming expectations in FinTech and alternative investments.

Explore more

D365 Supply Chain Tackles Key Operational Challenges

Imagine a mid-sized manufacturer struggling to keep up with fluctuating demand, facing constant stockouts, and losing customer trust due to delayed deliveries, a scenario all too common in today’s volatile supply chain environment. Rising costs, fragmented data, and unexpected disruptions threaten operational stability, making it essential for businesses, especially small and medium-sized enterprises (SMBs) and manufacturers, to find ways to

Cloud ERP vs. On-Premise ERP: A Comparative Analysis

Imagine a business at a critical juncture, where every decision about technology could make or break its ability to compete in a fast-paced market, and for many organizations, selecting the right Enterprise Resource Planning (ERP) system becomes that pivotal choice—a decision that impacts efficiency, scalability, and profitability. This comparison delves into two primary deployment models for ERP systems: Cloud ERP

Selecting the Best Shipping Solution for D365SCM Users

Imagine a bustling warehouse where every minute counts, and a single shipping delay ripples through the entire supply chain, frustrating customers and costing thousands in lost revenue. For businesses using Microsoft Dynamics 365 Supply Chain Management (D365SCM), this scenario is all too real when the wrong shipping solution disrupts operations. Choosing the right tool to integrate with this powerful platform

How Is AI Reshaping the Future of Content Marketing?

Dive into the future of content marketing with Aisha Amaira, a MarTech expert whose passion for blending technology with marketing has made her a go-to voice in the industry. With deep expertise in CRM marketing technology and customer data platforms, Aisha has a unique perspective on how businesses can harness innovation to uncover critical customer insights. In this interview, we

Why Are Older Job Seekers Facing Record Ageism Complaints?

In an era where workforce diversity is often championed as a cornerstone of innovation, a troubling trend has emerged that threatens to undermine these ideals, particularly for those over 50 seeking employment. Recent data reveals a staggering surge in complaints about ageism, painting a stark picture of systemic bias in hiring practices across the U.S. This issue not only affects