Icap invests 11% of its revenue on technology and has provided an undisclosed amount to its corporate venturing fund, Euclid Opportunities.
Icap, a UK-based money broker, has launched a corporate venturing fund for start-ups developing technology for the financial services sector.
Icap invests 11% of its revenue on technology and has provided an undisclosed amount to the fund, Euclid Opportunities.
Steve Gibson is managing director of Euclid after previously holding the role of vice-president at Calypso Technology. Gibson said: "Euclid will bridge the gap between underfunded technology innovators and the needs of stakeholders in today’s financial markets."
Mark Beeston, chief executive of Icap’s…
