January 23, 2020 BY Steffy Bogdanova

ICAP founder Michael Spencer backs £100 million fintech fund

Michael Spencer, city tycoon and founder of market operator ICAP, now NEX Group, has decided to make a substantial contribution to a new UK fintech fund. Spencer plans to invest at least £25 million in the UK fund Element Ventures, through his private holding company IPGL. This is one of the largest investments made by…

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