June 22, 2016
As the FinTech ecosystem is rapidly expanding, fresh initiatives require funding. So far, there hasn’t been a lack of options for startups to turn to and in the near future, it is doubtful that the source will dry up. Even concerns over the business models of FinTech startups triggered at a new level by Lending Club situation didn’t stop new venture funds from launch. Let’s look at some of the freshest venture funds aimed to support the startup ecosystem and foster innovation in the financial services industry.
On Tuesday, German international financial marketplace operator Deutsche Börse announced the launch of a dedicated corporate venture capital (CVC) platform – DB1 Ventures, which will focus on fostering strategic investments in FinTech firms.
As stated in the official press release, DB1 Ventures will invest only in areas that are strategic to Deutsche Börse. The focus will primarily be on early- to growth-stage FinTech firms in order to establish mutually beneficial partnerships.
DB1 V ...