We've committed £25m to 13books Capital's latest fund. The fund will back the new wave of innovative fintech businesses supporting structural transformation of the industry as it becomes more and more digitised. Read more here: https://bit.ly/3zM79i8
With your support we are excited to a new chapter at 13books!
Exciting news… and proud to be supporting on the ESG side of the equation! 📚
CEO at Milltrust International Group
1moIt’s critical that the UK taxpayers’ money backs UK entrepreneurs. Too often British Patient Capital has directed its investments into non UK companies and this is just another example. The firm may be UK based but to announce that the fund has already made just one UK investment whilst the rest appears to have gone to France, Germany and India illustrates why this organisation needs root and branch reform. Furthermore fintech is a notorious high risk segment of venture with the highest likely failure rate across all industries.