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Capitolis provides a technology platform for the capital markets that connects buy-side firms, balance sheet providers, and trade processors to automate workflows, including FX novation, improving efficiency and capital usage. The platform automates manual processes, supports security compliance (ISO 27001), and enables true risk transfer by replacing counterparties in contracts. It uses a multi-participant, collaborative environment to coordinate participants and optimize flows, reducing regulatory capital and costs. Its goal is to make capital markets faster, cheaper, and more efficient by linking players and automating capital-efficient workflows.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$561.8M
Headquarters
New York City, New York
Founded
2017
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Total Funding
$561.8M
Above
Industry Average
Funded Over
10 Rounds
Performance Bonus
Company Equity
Capitolis names Ashwath Bhat as new Chief Financial Officer. Capitolis, the financial technology firm, has appointed Ashwath Bhat as its new Chief Financial Officer, effective August 3. Bhat will report directly to Gil Mandelzis, the company's Chief Executive Officer and Founder, and will take charge of Capitolis' global finance organization as the firm looks to sustain its growth trajectory. Bhat succeeds Lindsey Baptiste Fiedler, who is stepping back from the CFO role but will stay on with Capitolis in an advisory capacity to support a smooth handover. Bhat arrives with more than 20 years of financial leadership experience spanning both public and private sector organizations. He most recently served as CFO of Fractal, an AI and analytics company listed on the National Stock Exchange of India, where he oversaw the company's IPO in February 2026 while helping boost revenue and profitability. Before that, he spent over a decade at Nielsen in various senior finance positions, including CFO roles at Global Media, Product and Technology, and at Gracenote. He also served as regional CFO for Africa and the Middle East at Nielsen, and earlier held finance leadership posts at IBM South Asia and GE Healthcare South Asia. "Capitolis has been growing rapidly, and we have been looking for a financial leader to help us scale the business," Mandelzis said, adding that Bhat brings the operational rigor needed for continued expansion. Bhat said he was eager to help strengthen the company's financial foundation as it enters what he called a "pivotal moment." The appointment follows a stretch of momentum for Capitolis, marked by new product launches and an expanding client base.
Capitolis, a financial technology company, has appointed Ashwath Bhat as chief financial officer, effective 3 August. Bhat will lead the company's global finance organisation and drive financial strategy to support expansion. Bhat brings over 20 years of financial leadership experience across high-growth technology companies. He most recently served as CFO at Fractal, an AI and analytics company, where he led the firm's IPO in February 2026. He will report to Gil Mandelzis, chief executive officer and founder of Capitolis. Bhat succeeds Lindsey Baptiste Fiedler, who will remain with the company in an advisory role. Capitolis, founded in 2017, provides technology solutions for financial markets and is backed by venture capital firms including Andreessen Horowitz, Index Ventures, and Sequoia Capital.
Capitolis appoints Ashwath Bhat as Chief Financial Officer. Bhat brings more than two decades of public and private sector experience across strategic planning, corporate finance, and capital markets. July 27, 2026 08:00 ET | Source: Capitolis NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) - Capitolis, the financial technology company, today announced the appointment of Ashwath Bhat as Chief Financial Officer (CFO), effective August 3. Reporting to Gil Mandelzis, Chief Executive Officer and Founder of Capitolis, Bhat will be responsible for leading Capitolis' global finance organization, driving financial strategy and operational excellence to help support the company's continued expansion. He will succeed Lindsey Baptiste Fiedler, who will remain with Capitolis in an advisory role to ensure a seamless transition. Bhat brings more than two decades of financial leadership experience across high-growth technology companies and global organizations. Throughout his career, he has helped businesses navigate critical phases of expansion. "Capitolis has built a unique platform that delivers meaningful value to financial institutions, and I look forward to partnering with Gil and the leadership..." "Capitolis has been growing rapidly, and we have been looking for a financial leader to help us scale the business and support our long-term ambitions," "Ashwath has a proven track record of scaling global finance organizations through periods of rapid expansion, building the financial discipline, operational..." "I'm excited to join Capitolis at such a pivotal moment for the company," "Capitolis has built a unique platform that delivers meaningful value to financial institutions, and I look forward to partnering with Gil and the leadership..." "Capitolis has been growing rapidly, and we have been looking for a financial leader to help us scale the business and support our long-term ambitions," "Ashwath has a proven track record of scaling global finance organizations through periods of rapid expansion, building the financial discipline, operational..." "I'm excited to join Capitolis at such a pivotal moment for the company," "Capitolis has built a unique platform that delivers meaningful value to financial institutions, and I look forward to partnering with Gil and the leadership..." Bhat most recently served as CFO at Fractal (NSE: FRACTAL), an AI and analytics company, where he helped drive significant growth in both revenue and profitability and led the company's IPO in February 2026. Prior to Fractal, he spent more than a decade in senior finance leadership roles at Nielsen, including CFO of Global Media, Product and Technology, and CFO of Gracenote and the Nielsen Portfolio, as well as regional CFO for Africa and the Middle East. Earlier in his career, he held finance leadership positions at IBM South Asia and GE Healthcare South Asia. "Capitolis has been growing rapidly, and we have been looking for a financial leader to help us scale the business and support our long-term ambitions," said Gil Mandelzis, CEO & Founder, Capitolis. "Ashwath has a proven track record of scaling global finance organizations through periods of rapid expansion, building the financial discipline, operational rigor, and strategic foundation required to support expansion at scale. We look forward to him joining our leadership team." "I'm excited to join Capitolis at such a pivotal moment for the company," said Ashwath Bhat, CFO, Capitolis. "Capitolis has built a unique platform that delivers meaningful value to financial institutions, and I look forward to partnering with Gil and the leadership team to strengthen the company's financial foundation, support its strategic priorities, and help position Capitolis for continued long-term success." Capitolis continues to build on a period of momentum driven by new product launches, record business results, an expanding client network, and key leadership appointments across its management team. About Capitolis Capitolis is the technology company helping to create safer and more vibrant financial markets by unlocking capital constraints and enabling greater access to more diversified capital and investment opportunities. Rooted in advanced technology and deep financial expertise, Capitolis powers groundbreaking financial solutions that drive growth for global and regional banks - and institutional investors alike. Capitolis is backed by world class venture capital firms, including Canapi Ventures, 9Yards Capital, SVB Capital, Andreessen Horowitz (a16z), Index Ventures, Sequoia Capital, Spark Capital, and S Capital, as well as leading global banks such as Barclays, BNP Paribas, Citi, J.P. Morgan, Morgan Stanley, Standard Chartered, State Street, and UBS. Founded in 2017, Capitolis has been named to Fortune's America's Most Innovative Companies 2026, Inc.'s Best in Business, and CNBC's World's Top Fintech Companies lists. Capitolis has also earned Deloitte Technology Fast 500, Fast Company World's Most Innovative Companies, and Euromoney FX Awards honors, along with Best Place to Work recognition from American Banker and Crain's New York Business.
Capitolis, a financial technology company, has appointed Mary Messer as Head of North America Sales, effective 20 April. Messer will lead efforts to deepen bank and investor relationships across North America for both the company's Capital Marketplace and Portfolio Optimization businesses. Messer brings over 20 years of global banking experience. Most recently, she served as Managing Director and Head of North America Bank Sales for Securities Services at Citi. Before that, she spent more than 15 years at J.P. Morgan in senior roles across derivatives clearing, collateral management and custody services. Founded in 2017, Capitolis is backed by venture capital firms including Andreessen Horowitz, Sequoia Capital and Index Ventures, as well as major global banks.
Capitolis appoints Roy Saadon to drive portfolio optimisation growth. Capitolis, a financial technology company focused on capital markets, has announced the appointment of Roy Saadon as head of market development for its portfolio optimisation business. In his new role, Saadon will be responsible for driving the adoption and expansion of Capitolis' portfolio optimisation capabilities, working closely with clients to identify new use cases and innovation opportunities. Saadon brings 25 years of experience across technology, product development, and financial services. He previously co-founded Access Fintech, where he served as CEO, and was also a co-founder of Traiana, which grew into a global post-trade infrastructure provider. Capitolis develops technology designed to make financial markets safer and more efficient by unlocking capital constraints and enabling greater access to diversified capital and investment opportunities. Rooted in advanced technology and deep financial expertise, the company works closely with global and regional banks, as well as institutional investors. Capitolis CEO Gil Mandelzis said, "I have known Roy for a very long time, and he is one of the most innovative and creative minds in the financial technology industry, having implemented critical infrastructure solutions in capital markets that have driven meaningful impact. Capitolis is built on innovation, and as we continue to develop new, groundbreaking solutions, I could not be more excited to have Roy lead this next phase of growth as part of our leadership." Saadon said, "Capitolis delivers critical solutions for the capital markets, and has established itself as an innovative industry partner, achieving meaningful scale. The company's relentless commitment to innovation and the incredible team it has built make me excited to join and help lead this next phase of hyper-scaling."
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$561.8M
Headquarters
New York City, New York
Founded
2017
Find jobs on Simplify and start your career today