Fidelity International Strategic Ventures is a dedicated venture capital team within Fidelity International that invests minority stakes in early stage fintech businesses.
BurdaPrincipal Investments has participated in a Series C funding round for the UK saving and investing app alongside existing backers.
"While BPI has a clear focus on marketplaces and platforms, we expanded our focus into the fintech industry by concentrating on business models that require no or a minimum of regulated equity amount only."
London Stock Exchange Group and other major backers join Series B round to support international growth and technology development.
"The COVID-19 pandemic demonstrated the effectiveness of the public markets, with companies recapitalising quickly and efficiently. Our technology has allowed thousands of retail investors to participate on equal terms with institutional investors, unlocking a large and important source of liquidity and long-term share ownership for corporate issuers. The response from Boards and their advisers to our solution has been excellent: they recognise our digital solution for retail inclusion brings together both good governance and best execution."
