HSBC Asset Management has launched a new FinTech venture capital strategy.
In Brief:
A new venture capital fund is being launched to invest in European and Asian FinTechs.
It will focus on B2B companies that can offer solutions to institutions.
It is run by Remi Bourrette, head of venture & growth investments at HSBC AM, and Kara Byun, director.
What does this mean?
The new fund, which will focus on Series A and B rounds, aims to provide clients with “exciting” investment opportunities, according to HSBC.
