Cannae Holdings, Inc. Leads $270 Million Funding Round in Sightline Payments
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Tuesday, August 17, 2021
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Cannae Holdings, Inc. (NYSE:CNNE) (Cannae or the Company) today announced that the Company has led a $270 million funding round in Sightline Payments (Sightline) having invested $240 million.
Key Points:
- Cannae Holdings, Inc. (NYSE:CNNE) (Cannae or the Company) today announced that the Company has led a $270 million funding round in Sightline Payments (Sightline) having invested $240 million.
- This $270 million round is Sightlines second round in 2021 having closed an earlier $100 million funding round in April, as part of which Cannae invested $32 million.
- Cannae holds approximately 54 Million shares, or approximately 7.5% of Paysafe (NYSE: PSFE), as well as 8.1 Million Paysafe warrants.
- Cannae also holds approximately 50 million shares, or approximately 9.6%, of Alight, Inc (NYSE: ALIT), as well as 8 million Alight warrants.