Citi Invests in Illuminate Financial Management Fintech-focused venture capital firm, Illuminate Financial Management today announced that it has secured a strategic investment from Citi. To date, Illuminate Financial has invested in more than 30 companies. Through the recent investment, Citi has joined international financial giants like JPMorgan, SP Global, and Deutsche Börse Group, as a limited partner in the venture capital strategy of Illuminate Financial. The latest announcement from Illuminate Financial came approximately 16 months after the company received backing from JPMorgan. Founded by Mark Beeston, the venture capital firm has invested in startups across different sectors, including financial services, digital asset infrastructure, private markets, data, and enterprise solutions. The company has offices in London, New York, and Singapore. “Citi has been an aggressive adopter of the innovative solutions offered by FinTechs and an active direct investor in 25% of our portfolio companies since we launched Illuminate’s first fund in 2015,” said Mark Beeston, Founder and Managing Partner of Illuminate Financial. “We are delighted to now add Citi to our roster of strategic investors, helping further catalyze enterprise FinTech adoption to the benefit of the whole eco-system.” Fintech and Digital Asset Ecosystem Overall, venture capital firms have increased their investments in companies working in the fintech and digital asset space.