Venture Capital funds are still targeting London
By Teamspirit on Thursday, 8 September 2016
Venture Capital firm Northzone, which has previously backed the likes of Spotify, iZettle and London-based fintech start up MarketInvoice, has just closed its Europe-focussed eighth fund at a capped value of €300million.
In a vote of confidence for London’s fintech scene, Northzone will be targeting early-stage start ups in London, Berlin and the Nordics.
They are particularly interested in fintech and e-commerce companies that offer mobile-first propositions, which aligns with the continuing trend for financial services to go mobile.