Investors

Good news for the crypto industry. The world's largest asset manager BlackRock is planning to launch a bitcoin spot ETF in the US. This is intended to enable investors to invest in cryptocurrency.

We asked ChatGPT what might be the top five investment opportunities for 2023. Within 15 seconds, the new AI wunderkind gave us his opinion. Of course, ChatGPT pointed out that as an AI language model, he has no personal beliefs or opinions. Nevertheless, his presentation is interesting:

New York venture capitalist Motive Partners (website) acquires Berlin-based fund Embedded Capital. Together they want to manage €300 million. The fund, which specializes in fintechs, was founded by Ramin Niroumand about a year ago. Niroumand is known as the founder of the fintech incubator Finleap. Neither company commented on the price of the acquisition.

In the FTX crash, the crypto market has been in a state of shock. Celebrities such as the U.S. football star Tom Brady are among those affected. Slowly, the full extent of the FTX crash is becoming visible. Sam Bankman-Fried's crypto exchange had signed big-name investors and promotional deals, including Brady and his ex-wife, the Victoria-Secret model Gisele Bündchen, and NBA legend Stephen Curry. Not just promote faces, but also capital providers such as BlackRock and Kraken are among the losers of the FTX crisis.

Fintech Treezor (PR42 profile) has gained a new investor in Mastercard.Mastercard is investing in its partnership with Treezor, the fintech subsidiary of bank Société...

Facebook's Meta Group is laying off more than 11,000 employees in the largest job cuts in its history. That is about 13 percent of...

Investment firm Channel Capital Advisors has launched a $300 million (£270 million) fintech lending strategy to support digital lending platforms. The first tranche of $100 million (£90 million) of the asset manager's strategy will be immediately allocated to fintech lenders seeking additional capital to fund SMEs.

We're excited to open our venture capital fund to outside investors who also see the size of this opportunity and can help amazing founders build world-renowned companies." Fasanara Capital has launched a $350 million VC fund to find the next generation of global fintech and web3 pioneers.

London-based venture capital firm Northzone has announced a €1 billion fund to invest across fintech, healthtech, SaaS, consumer and Web3. The fund will support startups from seed to IPO with checks ranging from $1 million to $40 million. Northzone also intends to provide growth-stage investments to be a "full-stack" partner for its portfolio companies from seed to pre-IPO stages.