Velocity Capital Launches Fintech Fund

Velocity Capital is a Dutch private equity firm planning to invest in early stage fintech companies through their new $120 million fund; the firm has previously invested in fintech companies such as TradeKing but has decided to now have a dedicated fund;  they plan to recycle any exits back into the fund and have structured the fund to have more flexibility; existing portfolio companies in fintech will be moved to the new fund; Two companies they have already allocated to recently include Owlin, a news analytics tool and Twisto which is a credit and payment solutions provider. Source

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