The UK fintech sector is experiencing remarkable growth, with Allica Bank and Revolut reporting significant profits in 2024. London remains a global fintech leader, fostering numerous successful startups. In this environment, Volution, a VC firm, has launched a $100 million fund to support established startups needing additional capital. Their focus is on companies with proven revenue and growth strategies, aiming to bridge the funding gap in the venture capital market. Volution's previous successes suggest confidence in their investment approach even amidst market corrections.
We back companies that are typically anywhere between five million in revenue and up to 20. That's a badly needed part in the market at the minute.
Volution aims to support companies that have established revenue streams but require additional capital, addressing a crucial funding gap in the UK startup ecosystem.
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