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Founded by Dave McClure, 500 Startups is taking their already diverse startup investing strategy and making it wider. Creating new verticals to invest in, 500 Startups is launching new micro-funds to focus on specific areas of interest.
Targeting the financial technology sector is the new 500 FinTech fund being launched today by 500 Startups. With a mission to invest in companies that they deem to be involved in “Financial Services For the Rest of Us”, 500 Startups is looking to raise $25 million for the fund which will invest in 100 early stage companies.
According to company, areas ... (read more)