|More from: | Finextra |||
Luge Capital, a Canadian fintech venture capital fund with a focus on AI, has opened for business after securing a $75 million investment pot from several Quebec-based financial institutions.
Luge was set up late last year, with Quebec-based credit union association Desjardins Group and local pension fund la Caisse both committing $25 million to the venture.
Sun Life Financial, the Fonds de Solidarité FTQ and La Capitale have all now added their backing to the fund, bringing it to $75 million, with
About | Finextra |
Finextra is the leading independent newswire and information source for the worldwide financial technology community.
Finextra covers all significant technology news in wholesale and retail banking, the capital markets and insurance. Finextra also publishes a wide range of research articles, features, white papers and case studies.