Avaloq Ventures becomes independent and renames to FiveT Fintech 

Monday 20 September 2021 09:00 CET | News

Switzerland-based venture capital & private equity company Avaloq Ventures has announced becoming independent and renaming to FiveT Fintech.

The Avaloq Ventures Fund offers investors early access to players in the financial sector. Avaloq and Avaloq Ventures agreed to spin off Avaloq Ventures, the fund's investment advisor, as an independent company independent of the Avaloq Group named FiveT Fintech.

The venture capital specialist remains an integral part of Avaloq's ecosystem strategy. This change of ownership will not affect the strategic direction of the fund and Avaloq will maintain its long-term interests and stake in Avaloq Ventures.

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Keywords: investment, Venture Capital, mobile banking, fintech
Categories: Banking & Fintech
Countries: Switzerland
This article is part of category

Banking & Fintech