Life.SREDA to invest $80m-$90m in APAC fintech ventures

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Russian venture capital firm Life.SREDA is planning to invest the remainder of its second fund, estimated to be worth $80 million to $90 million, into fintech startups in the Asia Pacific (APAC) through the second and third quarters of 2015, its managing partner Vladislav Solodkiy said in an interaction with DEALSTREETASIA.

Solodkiy said the VC firm expects to invest it in 20 to 30 startups at rounds of between $1 million and $10 million, depending on the stage of the company, even as he ruled out immediate investments into Bitcoin and blockchain-based technologies,

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