Tagged: fintech fund

Fintech Fund in Egypt Receives Investment from AXIAN Group

The AXIAN Group recently revealed that it has joined Disruptech Egypt Fund I, which is a venture capital fund focused on supporting technology-enabled firms and Fintech startups in Egypt. Disruptech Egypt Fund I is a VC fund dedicated to further developing Egypt’s financial-technologies sector by… Read More

Dedicated Fintech VC Upfin Secures €30M for Early-Stage Investments

Upfin says it is here to support “exceptional” fintech founders with capital, deep industry expertise, and a network within financial services. Upfin is led by a team “with extensive experience founding, operating, and supporting fintech.” At first closing Upfin is “backed by a sovereign wealth… Read More

Baker McKenzie Introduces Fintech Counsel Fund

Baker McKenzie is introducing the Fintech Counsel Fund in order to offer practical support to three selected financial technology firms as they focus on making a meaningful impact on the Fintech sector. Via the program, Baker McKenzie will be offering their three finalists with a… Read More

Tribal Introduces Tribal Ventures to Support Early-Stage Web 2, Web3 Startups

Tribal, a B2B payments and financing platform for emerging markets, has introduced Tribal Ventures, which is a new fund that will provide equity financing for early-stage Fintechs. The fund is specifically designed “to support projects that share Tribal’s mission to help SMBs thrive in emerging… Read More

Egypt’s Largest Banks Lead Investment in Fintech Fund

Egypt’s largest national banking institutions – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, an MEA-focused VC firm – announced the launch of Nclude by Global Ventures, “following approval by the Central Bank of Egypt (CBE).” This “unprecedented” step… Read More

Swedish VC Wellstreet Introduces Fintech Fund with Anticipated Total of $40M

Swedish VC company Wellstreet has introduced a Fintech fund with an expected total of around $40 million. The funds will reportedly be directed towards early-stage B2B and infrastructure tech firms promoting greater overall efficiency in the international banking and Fintech sectors. Supported by experienced industry… Read More

South Korea’s $100 Million K-Growth Fintech Innovation Fund to Provide Funding to Blockchain Project, ICONLOOP

ICONLOOP, ICON’s technical partner, has reportedly been chosen to receive funding from K-Growth’s $100 million Fintech Innovation Fund. Markus Jun, founder and CEO of ICON’s Accelerator Partner and Seoul Launchpad of ICXStation, HyperConnector (online accelerator for the ICON ecosystem), noted via Twitter that one of… Read More

Billionaire ICAP Founder Michael Spencer Commits £25 Million to New £100 Million Fintech Fund in the UK

Michael Spencer, the billionaire founder of ICAP, has reportedly committed £25 million (appr. $32.5 million) to a newly established £100 million (appr. $130 million) Fintech venture fund in the United Kingdom. The fund, called Element Ventures, has been established by Michael McFadgen and Steve Gibson,… Read More

ING Launches €300 Million Fintech Fund

On Wednesday, ING announced the launch of ING Ventures, a €300 million fund that aims to invest in fintech companies. The company revealed that the fund was created to accelerate the pace of innovation and will expand the existing portfolio of investments in the next four years…. Read More

Brief: Thai Kasikorn Bank $30M Global Fintech Fund Sets Sail

Thailand’s Kasikorn Bank has launched a $30 million fintech fund to invest in startups across South East Asia as well as Europe and China. The KBank Beacon fund aims to undertake up to five deals per year, with investments ranging from $500,000 to $3 million, according… Read More

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