News

£25m fintech fund

Calibrate have launched a £25m investment fund focused on financial technology startups. Founder John White left GLG in 2014 after running two of the firm’s biggest funds for a decade. With Calibrate, he plans to back companies developing technology for financial services.

“Fintech” has drawn billions of pounds of investment from the likes of online money changer Transferwise and investment manager Nutmeg.