B2B FinTech Tribal has launched its own venture fund, Tribal Ventures.
In Brief:
The fund will focus on early-stage FinTech companies.
Tribal Ventures will invest up to $250,000 in startups.
It wants to focus on emerging markets and is focusing on blockchain and crypto.
What does this mean?
Tribal itself, which offers B2B payments and financing, has recently closed its Series B round and says B2B is the “next frontier”, it wants to support earlier stage B2B FinTechs.