Altari Ventures launches FinTech and InsurTech fund

Date:

Share post:

Altai Ventures has closed a USD 53 million FinTech and InsurTech fund in early-stage venture capital. The fund will focus on the North American market with investments ranging from USD 200,000 to USD 500,000 for seed rounds and USD 1 million to USD 3 million for Series A rounds.

Bain Capital Ventures, Century Equity Partners invested in the fund along with a number of limited partners in property and casualty, life and annuity, insurance brokerage and commercial banking.

Oleg Lichen, Managing Partner, Altai, said, “Financial institutions represent a multi-trillion industry dollars, which is still in the early stages of technological transformation.”

Read more: Altari Ventures launches fintech and insurtech fund

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

TerraPay appoints Ruben Salazar Genovez, former Head of Visa Direct, as President

TerraPay, a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the...

Crif launches ESG analytics tool for UK banks

ESG Analytics from CRIF, a provider of consumer and business credit information and a key global player in...

Pulsate raises USD 7.7 million in its Series A funding round

Pulsate, a mobile-first customer engagement platform for community financial institutions, has secured USD 7.7 million in funding. Pulsate's platform...

Revenir AI, a FinTech firm, launches hassle-free mobile VAT reclaim for travelers

Revenir AI, a UK FinTech startup, has developed a white-label app for banks that allows travelers to automatically...