Finleap founders Ramin Niroumand and Michael Hock are paying it forward with a new €100 million fund that specifically targets fintechs with embedded financial services
Berlin-based embedded/capital has launched a €100 million fund aimed at supporting European fintech startups specifically working with embedded financial services as a core part of their business model. Pre-seed and Seed investment ticket sizes are expected to range from €500,000 to €4 million.
In a strong show of support for this singular vertical-focused fund, the firm’s initial target of €80 million was well oversubscribed, and reports, “we might add some more over the coming weeks as our talks with potential investors progress.”
Launched by finleap founders Ramin Niroumand and Michael Hock, in addition to funding embedded/capital seeks to provide both domain and operational know-how, as well as leverage a well-established network of European financial service providers including institutional players, unicorn founders, and top-tier investors to support its ventures.
Full article here: https://tech.eu/2022/03/24/fintech-focused-fund-embeddedcapital-fronts-eur100-million-fund/