UniCredit Evo will fund early-stage developers of innovative technology and mid-stage investments in more established companies.
Italy-based financial services firm UniCredit yesterday disclosed the details of a €200m ($223m) corporate venturing unit called UniCredit Evo, which will be co-run with venture capital firm Anthemis.
UniCredit Evo (with Evo standing for equity venture opportunities) will look to invest in financial technology companies, targeting early-stage companies developing innovative technology and more established, growth-stage fintech companies. Its launch follows an announcement by UniCredit last month.
Specific areas to be covered will include retail banking and consumer finance, investment…
