Bank BCA’s corporate venturing arm is reportedly set to partner venture firm Finch Capital to invest in financial technology developers.
Netherlands-based venture capital firm Finch Capital is looking to set up a fund in partnership with Indonesia-headquartered financial services firm Bank Central Asia (BCA)’s strategic investment arm, Central Capital Ventura, DealStreetAsia reported yesterday.
The vehicle is understood to be targeting $200m and is pursuing investments in financial services providers and financial technology developers, participating in series A rounds and later.
Central Capital Ventura and Finch Capital are reportedly in the process of applying for fund management licences in Singapore.
DealStreetAsia…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
