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Title: [2017-03-12]Google Ventures Conducts First FinTech Investment Post by: Kemarit on March 12, 2017, 02:44:31 PM 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/ (https://www.cryptocoinsnews.com/google-ventures-conducts-first-fintech-investment/) Title: Re: [2017-03-12]Google Ventures Conducts First FinTech Investment Post by: Papa Bear on March 13, 2017, 02:30:29 AM 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.
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