Cincinnati startup gets backing from Bank of America Merrill Lynch, Morgan Stanley

A Cincinnati financial company that has been one of the region’s fastest-growing firms has spun off its technology platform into a startup that has brought in investments from banking giants Bank of America Merrill Lynch and Morgan Stanley.

Downtown-based Navian Capital, a provider of specialized investment products called structured products as well as annuities, has spun off the technology platform it developed into a startup company, Luma Financial Technologies.

Click here to read the complete article.
Story excerpt provided by Cincinnati Business Courier.
Written by Steve Watkins.
Originally published August 2, 2018.

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