Rise Growth Investments will back each cohort of Barclays tri-national fintech accelerator scheme with a total of up to $13.2m of funding.
UK-based banking firm Barclays has launched a venture capital fund called Rise Growth Investments that will back each cohort in its fintech accelerator with up to £10m ($13.2m) of funding.
Barclays Accelerator, powered by Techstars, was formed in 2014 and hosts classes in the cities of New York, London and Tel Aviv in partnership with accelerator operator Techstars.
Rise Growth Investments will begin making investments from the demo day of 2019’s New York program, and in all subsequent cohorts.
The…
