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HomeBankingAvaloq: Goes independent and is renamed FiveT Fintech

Avaloq: Goes independent and is renamed FiveT Fintech

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Avaloq: Goes independent and is renamed FiveT Fintech

  • Avaloq announced that the investment advisor of its fintech investment fund spun off from the group by means of a management buyout
  • Ventures fund provides investors with early-stage access to next-generation players in the financial industry
  • Following a successful go-live with seven promising investments in fast-growing fintech companies
  • This will give the management team more agility in advising the fund while the company focus on growing its ecosystem
  • As FiveT Fintech enters the next stage of its growth story firmly believe that the fund will benefit from this new structure
  • Collaboration with FiveT Fintech as a preferred financing partner for growth companies not only remain a major investor

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