Fidelity International Strategic Ventures is a dedicated venture capital team within Fidelity International that invests minority stakes in early stage fintech businesses.
Michael brings investment and board experience across financial infrastructure and technology companies. He serves as managing director at 7RIDGE, following a vice president role at Fidelity International Strategic Ventures.
James is a managing director at 7RIDGE and previously served as a principal at Fidelity International Strategic Ventures. His governance experience includes board and observer roles across several financial and technology firms.
The funding round was led by Unusual Ventures with backing from Fidelity International Strategic Ventures and Clocktower Ventures.
"We live in the age of data overflow- everything from geopolitics to financial filings, to social media and news. It’s often overwhelming and easy to get lost in the noise. But good investment decisions require clarity, and that is where AI can play an unrivalled role – by lifting us from the valley to the mountain top, so we can choose the paths we want to take by seeing where every path leads and how they connect."
The oversubscribed round will support product development and international expansion for the asset management software provider.
"We are focusing on empowering financial service institutions to remove outdated legacy technologies and dramatically improve the cost efficiencies of their operations by using ZILO™ to transform to a modern digital solution supporting existing fund structures, new digital assets and improving client experiences."
— Philip Goffin, Founder and Chief Executive Officer
The compliance technology firm secured £18m from a syndicate led by Ten Coves Capital to accelerate its international growth.
"Facing regulatory clampdowns, huge data volumes, and inflation impacts on budgets, financial firms need ways to reduce costs through efficiencies and automation. This is what we deliver through our distinctive, data-centric compliance platform."
The digital wealth manager has raised £35m from a syndicate led by Fidelity International Strategic Ventures to expand its product range.
"Our mission is to help people build wealth with confidence so they can enjoy life today and tomorrow. This new round of investment enables us to create even better services to help our customers succeed across their home-buying, retirement, savings and investing missions. By continuing to focus on the large and under-served mass market we believe we are on a path to create the UK’s category-defining wealth platform. We celebrate this moment with deep gratitude for our amazing team, our loyal customers, and our supportive investors."
