Exclusive: Life.SREDA to set up $20m fintech fund in Malaysia


Life.SREDA will aim to reach a hard close of $50m by year end

Petronas Twin Towers in Kuala Lumpur at night.
Igor Pesin speaking at a conference in Malaysia. Credit: Life.SREDA
BaaS for banks will be like AWS for Amazon: Igor Pesin, Life.SREDA VC

Igor Pesin, a partner and investment director of Life.SREDA VC, said the firm would soon announce the first close of its blockchain fund at 25 million euros, as well as the its second close of its fintech fund, that is targeting to raise $100 million,with Leonie Hill Capital as the lead LP.

Visual of Life.SREDA homepage. March 2016
Visual of Banking on Blockchain fund homepage. May 2016
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Life.SREDA co-working space at BASH. Image taken from Life.SREDA Facebook
Event space at Life.SREDA cowork space