29 July 2022
Written By FinTech Alliance in Investment
Portage, a FinTech investor, has announced it will raise up to $1bn in a new fund.
In Brief:
The new fund will focus on late-stage startups.
It wants to invest in “structured opportunities” in FinTech and financial services.
The ticket sizes will be over $50mn.
What does this mean?
The fund will invest in “securities that combine debt and equity features” as there is increasing demand for flexible capital solutions.
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