Motive Partners has raised a new fund to invest in FinTech.
In Brief:
Motive Partners is a private equity firm focusing on FinTech.
It's already invested in companies such as Dun & Bradstreet, Avaloq and Global Shares.
For the new fund, commitments are already in place for a number of companies including InvestCloud, FNZ and Backbase.
What does this mean?
Motive partner is a specialist PE firm and says its focus is “building, backing and buying the technology companies that enable the financial economy”. The company says in its next round of investments it will continue to support its portfolio companies on their next stage of growth, offering a fully integrated service.
