03 August 2021
Written By FinTech Alliance in Venture Capital
The Co-Founders of Airwallex are launching a new venture capital fund.
In Brief:
The fund will be called Capital 49.
It plans to raise $200mn through the founders and other investors.
It has already made investments in two FinTech firms.
What does this mean?
The VC will invest in companies that are already part of the Airwallex ecosystem – these include ecommerce, SaaS and FinTech.
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