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Bux raises $80m in new funding

Amsterdam based neo-broker raised $80m in new funding led by Prosus Ventures and Tencent.

“We’re looking for industries that solve big societal needs and fintech continues to be one of them,” said Sandeep Bakshi, who heads up investments for Prosus Ventures in Europe, in an interview. “Interest rates being what they are, there are no opportunities for individuals to save and that represents a massive opportunity, and we’re happy to partner and be a part of the journey.”

Tags

neobroker, wealth management