CHARLOTTE — Charlotte-based financial technology investment firm, Carolinas Fintech Ventures, has raised $2.5 million in a private equity fund, according to a Securities and Exchange Commission filing. The fund looks to raise $15 million.
The form was filed last week. The money was raised from 11 investors with a minimum investment of $100,000.
[Among the backers is North Carolina banking legend Hugh McColl, according to the Charlotte Business Journal.]
Carolinas Fintech Ventures is a early stage venture capital firm specializing in financial technology. The company primarily operates as a seed and Series A financial technology fund, giving startups the initial capital they need to get things up and running.
Currently the firm has invested in 25 businesses nationwide.