{"id":201198,"date":"2025-09-05T02:59:24","date_gmt":"2025-09-05T02:59:24","guid":{"rendered":"https:\/\/www.europesays.com\/us\/201198\/"},"modified":"2025-09-05T02:59:24","modified_gmt":"2025-09-05T02:59:24","slug":"dallas-based-apex-fintech-solutions-lands-investment-from-asset-giant-state-street","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/201198\/","title":{"rendered":"Dallas-based Apex Fintech Solutions lands investment from asset giant State Street"},"content":{"rendered":"<p class=\"body-text-paragraph\">Financial services company Apex Fintech Solutions has secured a major investment from State Street, a global asset management firm with a major Wall Street presence. <\/p>\n<p class=\"body-text-paragraph\">Financial terms were not disclosed, but the agreement will let State Street take a minority stake in Apex, based in downtown Dallas. The privately held company provides services to established wealth management firms, as well as startups, crypto platforms and other businesses. <\/p>\n<p>Related<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"aspect-ratio:190 \/ 127\" class=\"dmnc_features-article-body-embeds-related-story-module__2UraD flex-none object-cover dmnc_images-modern-image-module__QFaG- max-w-full h-auto text-white dmnc_images-modern-image-module__9Zlll bg-gray-light object-contain dmnc_images-modern-image-module__P3kZ4 w-full\" width=\"190\" height=\"127\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/S2L7UCWYRXP5NUK4LIBTMTFLAQ.jpg\" alt=\"ARCHIVO - Un anuncio de Bitcoin, una de las criptomonedas, se muestra en un edificio de Hong...\"\/><\/p>\n<p class=\"body-text-paragraph\">The collaboration between the fintech firm and the East Coast powerhouse aims to leverage Apex\u2019s more specialized fintech services and State Street\u2019s massive scale.<\/p>\n<p>Business Briefing<\/p>\n<p class=\"dmnc_features-cta-social-article-cta-social-module__3beff secondaryRoman secondaryRoman-20 text-center text-gray-dark\">Become a business insider with the latest news.<\/p>\n<p class=\"dmnc_features-cta-social-article-cta-social-module__8MgJa flex flex-wrap text-gray-dark secondaryRoman secondaryRoman-20 text-center justify-center\">By signing up, you agree to our\u00a0<a class=\"dmnc_features-cta-social-article-cta-social-module__lU9-l border-b border-gray-dark hover_border-0 focus_border-0 active_border-0\" href=\"https:\/\/www.dallasnews.com\/help\/terms-of-service\/\" rel=\"nofollow noopener\" target=\"_blank\">Terms of Service<\/a>\u00a0and\u00a0<a class=\"dmnc_features-cta-social-article-cta-social-module__lU9-l border-b border-gray-dark hover_border-0 focus_border-0 active_border-0\" href=\"https:\/\/www.dallasnews.com\/help\/privacy-policy\" rel=\"nofollow noopener\" target=\"_blank\">Privacy Policy.<\/a><\/p>\n<p class=\"body-text-paragraph\">The Boston-based firm \u2015 which is over 200 years old \u2015 is currently the fourth-largest asset manager in the world, with over $5 trillion in assets under management as of June.<\/p>\n<p class=\"body-text-paragraph\">\u201cWealth management is on the precipice of enormous change driven by rapid market innovation and investor expectations,\u201d Bill Capuzzi, Apex\u2019s CEO, said in a statement. <\/p>\n<p class=\"body-text-paragraph\">He added that the partnership with State Street will \u201cdrive the future of wealth management by enabling the global advisor-based market to launch, scale and innovate at unprecedented speed.\u201d <\/p>\n<p class=\"body-text-paragraph\">The two firms declined to provide more information about the terms of the deal, including the value of State Street\u2019s investment, Kathy Wilson, a representative for the companies, told The News. <\/p>\n<p class=\"body-text-paragraph\">Apex, which was previously called Apex Clearing Holdings, was founded in 2012, and now has a headcount of around 1,000 employees. <\/p>\n<p class=\"body-text-paragraph\">In early 2021, it <a href=\"https:\/\/www.dallasnews.com\/business\/local-companies\/2021\/02\/22\/dallas-based-fintech-firm-apex-clearing-will-go-public-through-spac-valuing-company-at-47-billion\/\" rel=\"nofollow noopener\" target=\"_blank\">announced plans<\/a> to go public on the New York Stock Exchange through a SPAC, or special purpose acquisition company, merger that would have valued the company at $4.7 billion. <\/p>\n<p class=\"body-text-paragraph\">However, months later, the deal was called off. Apex has since <a href=\"https:\/\/www.reuters.com\/markets\/deals\/clearing-firm-apex-fintech-confidentially-files-us-ipo-2023-12-12\/\" rel=\"nofollow noopener\" target=\"_blank\">filed confidential paperwork for another public offering<\/a>, but has so far remained private. <\/p>\n","protected":false},"excerpt":{"rendered":"Financial services company Apex Fintech Solutions has secured a major investment from State Street, a global asset management&hellip;\n","protected":false},"author":3,"featured_media":201199,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5135],"tags":[5229,64,1596,60,6459,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-201198","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-america","9":"tag-business","10":"tag-dallas","11":"tag-financial-services","12":"tag-money","13":"tag-texas","14":"tag-tx","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115149456637348758","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/201198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=201198"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/201198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/201199"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=201198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=201198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=201198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}