la Caisse and Desjardins Group launching $75 million FinTech fund

la Caisse and Desjardins Group launching $75 million FinTech fund

la Caisse and Desjardins Group announced the creation of a $75 million investment fund dedicated to FinTechs and AI applied to finance. The Montreal-based fund will focus on supporting the growth and development of new FinTech companies in Québec and Canada. Its two sponsors will invest equal amounts totalling $50 million, with other institutional investors expressing interest before the first closing at the end of the year. “With its high concentration of talent in information technology and the robustness of its financial industry, all the pieces are in place for Québec to see the emergence of a first-rate FinTech […]

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