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Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups

Published 12/03/2019, 07:57 PM
Updated 12/03/2019, 09:41 PM
Canadian Venture Capital Firm Secured $320 Million to Invest in Fintech Startups

Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally.

On Dec. 3, TechCrunch reported that the VC company received final commitments from institutional and strategic investors totaling $320 million. The funds will allow the company to make early-stage investments in promising fintech startups around the world, with a particular focus on regions like Canada, the United States, Europe and certain markets in the Asia-Pacific region.

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