Australia's NAB commits $36m to VC fund
National Australia Bank (NAB), has committed an additional A$50 million ($36 million) to its venture capital unit for investments in financial technology companies through 2020.
NAB Ventures was established in 2015 with A$50 million and has since completed 12 investments, mostly in locally based start-ups that focus on consumer-facing fintech issues. The extended fund will continue...
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