As Fintech Valuations Fall, Portage closes US$655M VC Fund

Bloomberg | Kevin Orland | Jun 21, 2022 Portage Ventures, the venture-capital firm owned by Power Corp. of Canada, closed a US$655 million fund to seek a new batch of financial-technology investments around the world and take advantage of a recent tumble in valuations. The firm’s third fund, Portage III, raised money from 34 institutional

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