B2Broker Group Launches $5M USD Venture Capital Fund
B2Broker Group has announced the launch of B2Broker VC, a venture fund that has been created to allow the investment in, and the nurture of external projects of interest to the group, including fintech startups and payment systems.
B2Broker Group has announced the launch of B2Broker VC, a venture fund that has been created to allow the investment in, and the nurture of external projects of interest to the group, including fintech startups and payment systems. The project is being led by a highly successful, fast-growing financial technology group comprising a broad range of experience from IT development to capital management sectors.
B2Broker Group commenced working on its own internal corporate venture fund in 2017, focusing on the development of several specific projects. From this point forward, the capitalisation of the group’s fund has increased at a steady pace and now comprises various projects with an investment of over $15 million to date. The project has allowed for the creation of a modern financial and technological ecosystem based on the B2Broker group.
B2BinPay, a payment system that has emerged as one of the leading, technologically progressive platforms across the globe is particularly noteworthy, as is B2BX, a trading platform for digital assets licenced in the EU, Eqwire, an online banking solution, and the group’s biggest and most expensive project so far – B2Prime, an integrated liquidity provider with European and CIS licences.
These internal projects laid the foundations for B2Broker VC involvement in external projects following the experience gained and business processes developed. Of particular note is Coinsbuy, a company set up to cater for the increase in demand for buying crypto with a credit or debit card. This project is fully complementary to the B2Broker VC ecosystem.
During the process, B2Broker VC honed in on sectors of interest including fintech, IT development and automation and startup with offerings for the brokerage market.
Procedures and Stages
One of the key aspects that the group is looking for is conscientiousness, with a clear vision and thorough grasp of the market. B2Broker VC is prepared to consider all those in receipt of investment as long-term strategic partners and will work together towards worldwide leadership in the relevant market sectors.
B2Broker VC focuses on the most convenient way to invest and cooperate through equity holding and convertible loans, making the terms of cooperation flexible.
Any company wishing to apply for funding will need to follow a set procedure that commences with the preparation of an application and other relevant documents. This step is followed by a product performance evaluation, further questions, meetings and other assessments before the final decision is arrived at. Once various documents have been signed, the first tranche of investment is released. The process takes between 2-6 months.
The type of projects that will appeal to B2Broker VC is those which match the group’s goals and business model such as:
- Fintech development: Products and services for Forex, securities, derivatives, CFD and crypto markets.
- IT development: Development of payment systems, trading and brokerage platforms, risk management systems, analytical systems.
We are particularly interested in companies that have Bridges Technology and plugins for MT4/5, Trading Platforms for FX/CFD trading and those that have built trading platforms for Crypto Perpetual Futures, Crypto Spot trading and Securities trading on Exchanges. We are also looking for HUB and liquidity aggregation solutions and technology for market making on crypto exchanges.
- Automation: Products in the field of automation of external systems and process automation services.
- Products/services are suitable for B2Broker’s ecosystem such as KYC solutions, marketing services, products and services for the brokerage market.
Companies that are chosen to work with the B2Broker Group will gain access to everything needed for the development of a new company including financial help and use of the group’s infrastructure, offices, development teams, together with financial and marketing expertise.
Each application is carefully vetted by B2Broker VC who will thoroughly investigate the mechanisms behind cooperation irrespective of company size and entrepreneurial experience.