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Flourish Ventures, a 'fintech venture fund with a purpose,' secures $350M in new capital

Flourish Ventures, an early-stage venture firm investing exclusively in fintech companies in the U.S. and in emerging markets, has secured $350 million in fresh capital, TechCrunch is the first to report. Unlike traditional venture outfits, Flourish is an evergreen firm, meaning that its investing is open-ended, or has no fixed end date. It has a sole LP in eBay founder Pierre Omidyar (the firm spun out from his investment firm, Omidyar Network, in 2019).
United States Redwood City Pierre Omidyar Tilman Ehrbeck Alliance For Innovative Regulation Omidyar Network
Source: yahoo.com

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