500 Global (formerly 500 Startups) is a venture capital firm with $2.3B¹ in AUM investing in founders with a global outlook building fast-growing startups.
Credit-infrastructure startup Bloom Credit raises a $3.87 million seed round. Resolute Ventures leads the round, and 500 Startups invests through its FinTech Fund.
500 Startups announces the launch of its dedicated 500 FinTech fund, a $25 million vehicle targeting roughly 100 early-stage fintech companies globally. The fund is dedicated to fintech and aims to invest in approximately 100 early-stage companies across global markets.
Jun 2016 · 500.coNews article
500 FinTech
500 FinTech is the dedicated fintech fund launched by 500 Startups, now 500 Global, in 2016, investing in early-stage financial technology companies worldwide. The fund targeted pre-seed and seed rounds across lending, investment advisory, personal finance management, blockchain, money movement, and insurance, and ran a dedicated fintech track within the parent accelerator's San Francisco program under partner Sheel Mohnot. Investments made through the fund include Albert, YayPay, Bloom Credit, and Stitch.