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Tryb seeks funds for fintechs already in a good place
Investment holding company hopes to raise US$100m to invest in mid-market fintechs which are cashflow positive and have turnovers of US$5m to S$10m
Add BT as a preferred sourcePublished Tue, May 9, 2017 · 09:50 PM
Singapore
A UNIQUE fintech investment firm that counts the former chief executive of the Singapore Exchange (SGX) as a founding partner hopes to raise US$100 million this year to invest in mid-market fintech companies seeking growth in this part of the world.
It is a market segment ripe for the picking, said Magnus Bocker, who left SGX in 2015 for Singapore-based Tryb Capital. The company has been in operation for about a year now, and he is also its chairman.
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