Topic: [2017-03-12]Google Ventures Conducts First FinTech Investment (Read 376 times)
Investing around $500 million to companies worldwide like Slack and Uber, GV’s fintech investment in Currencycloud appears as though the company is shifting its fund focus to new areas.
Google Ventures Conducts First FinTech Investment
Currencycloud, a London fintech world leader in cross-border payments, announced that it has raised £20 million ($25 million) from Google’s venture capital arm, GV, according to a company statement.
GV, the venture capital arm of Alphabet, Inc. and formerly known as Google Ventures, joins other investors to the five-year-old startup for the series D round, including Notion Capital, Sapphire Ventures, Rakuten FinTech Fund and Anthemis.
This high-profile investment gives the sector a much-needed boost following fears post-Brexit and pushes funding for the company to £44 million ($61 million).
https://www.cryptocoinsnews.com/google-ventures-conducts-first-fintech-investment/
Currencycloud, a London fintech world leader in cross-border payments, announced that it has raised £20 million ($25 million) from Google’s venture capital arm, GV, according to a company statement.
GV, the venture capital arm of Alphabet, Inc. and formerly known as Google Ventures, joins other investors to the five-year-old startup for the series D round, including Notion Capital, Sapphire Ventures, Rakuten FinTech Fund and Anthemis.
This high-profile investment gives the sector a much-needed boost following fears post-Brexit and pushes funding for the company to £44 million ($61 million).
https://www.cryptocoinsnews.com/google-ventures-conducts-first-fintech-investment/
Jump to: