FinTech news in EnjoyVenture category

Redstone and EnjoyVenture have combined forces to create Human Impact Capital (HIC), Germany first dedicated scial impact VC fund. I spoke with the fund’s manager, Lucas Paul, to find out what drove the creation of the fund and its investment thesis. The fund aims to invest in digital business models that tackle society’s biggest challenges, typically investing between €500,000 and €1.5 million. Among others, the Bank für Sozialwirtschaft, Germany’s leading bank for the social sector, committed substantially to HIC, fund reps told me.