The blockchain cloud SaaS platform Cygnetise has completed a £2.5 million Pre-A round of financing, led by Adjuvo

ChainCatcher news, London-based blockchain cloud SaaS platform Cygnetise has announced the completion of a £2.5 million Pre-A funding round, led by the UK investment group Adjuvo, with participation from American venture capital firm VC Massive and others.

Cygnetise is leveraging its digital blockchain technology to improve and optimize the Authorized Signatory Management (ASM) process, helping corporate operations and finance departments to digitally implement shared authorized signatory information with banks and other counterparties, thereby enhancing efficiency, security, and operational excellence. Its current clients include PwC, Société Générale, Willis Towers Watson, Charles Schwab, JTC, Raymond James, ADNOC, Evelyn, and SEI.