Matthew Neville

London fintech forms “innovative and exciting” partnership with advisory firm

Hyman Capital, provider of advisory services to growing companies, both private and public, has today announced the signing of a Memorandum of Understanding (MoU) with London based capital markets technology firm ScribeStar.

With over five years of experience in the digital production, processing and transaction management of capital market issuances, ScribeStar has a growing number of clients both in the UK and overseas.

Clive Hyman, chairman of Hyman Capital, commented: “Capital market issuance is a very complicated subject and increases in complexity year by year as regulations become more complex.

“ScribeStar has developed a tool which brings together all parties in a single place, with automated workflows, ensuring that companies can be guided through each of the necessary stages in a seamless manner.

“This unique issuance, admission, and reporting technology will support us in achieving our vision of providing an efficient and cost-effective service for growth companies looking to raise capital.

“I am confident that our collaboration will help us achieve our goals of streamlining access to capital for companies that may have otherwise found the process too daunting or cumbersome.”

Srinivas Suravarapu, CEO of ScribeStar, added: “Hyman Capital is addressing a critical gap in the market with an innovative and exciting service offering for companies and investors. As an experienced advisory firm they can help companies raise the capital they need for growth whether in the public markets or from private sources.

“Allowing advisers such as Hyman Capital, law firms, platforms such as CrowdX and exchanges for public capital to all work together in one place is essential to make the process more efficient. Our platform has supported the digital preparation of close to 90 transactions, many of those public listings and IPOs.”

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