Existing backer Fidelity International Strategic Ventures (FISV) led the financial-planning software developer’s Series A. Portage Ventures also returned in the all-equity round, which featured new investors BNY Mellon and Royal Bank of Canada. (The Logic)
Talking point: Conquest said it has raised a total of nearly $35 million to date. The company plans to use the money from its latest round to enhance its platform’s user experience and continue its expansions into the U.S and U.K., moves it had announced last year. “Each of our partners brings far more than capital to the table—they offer key strategic benefits that will undoubtedly prove instrumental in our efforts to scale and make a difference in people’s financial lives,” said Conquest CEO Mark Evans. The announcement says FISV specifically will help speed up growth in the U.K., while BNY Mellon will help strengthen the company’s presence in the U.S.