International fintech-focused venture capital firm Life.SREDA has signed a memorandum of understanding with Leonie Hill Capital (LHC), a Singapore-based private equity fund, in a strategic bid to partner in financial technology investments in Asia.
LHC, a Registered Fund Management Company (RFMC) in Singapore, will become a strategic investor (limited partner) in Life.SREDA’s Asian FinTech fund, while Wee-Meng Thoo, Head of Investments at LHC, will be joining Life.SREDA team to be a part of fund management company, which already includes Vladislav Solodkiy and Igor Pesin.
