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500 Startups Looks to Target 500 Fintech with Launch of New Fund

Posted: Tue Feb 23, 2016 2:39 pm
by kreslik.news

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)