MiddleGame Ventures

It’s great to see our friend Paul from Kayna Innovation playing an active role in reshaping the insurance industry! Don't miss this opportunity to be part of the discussion.

We are pleased to officially announce the exit of our portfolio company, Minna Technologies, through its acquisition by Mastercard (now that the transaction has been closed and settled). Since our initial investment in 2020, Minna Technologies has become a leader in subscription management. By integrating its platform within banking apps, Minna simplifies how users manage subscriptions, providing a seamless experience for both consumers and financial institutions. This reflects our belief in the future of embedded intelligence, where technology enhances user experiences and operational efficiency, a key component of our strategy to back companies driving innovation in financial services. We are honoured to have worked closely with the talented executive team at Minna, its board and all our co-investors, throughout this journey. Together, we have supported Minna as they scaled to become a leader in the subscription management space, with remarkable growth and product innovation. We are confident that Minna will become a valuable addition to Mastercard’s suite of services, driving further innovation and impact. We extend our best wishes to the Minna team as they embark on a new exciting chapter. Pascal Bouvier, Managing Partner at MiddleGame Ventures, shared his thoughts: “The MGV team and I have learned a lot from our investment in Minna. We learned from the Minna team, each of our co-investors, each board member and board observer. It was a wild ride. We are proud to have partnered with Minna Technologies during a pivotal time in their growth. Special thanks to Michael McFadgen Erik Lindblad Stefan Nordahl Aaron Sasson our talented co-investors, and Navpreet Randhawa whose relentless energy served Minna so well all these years as well as Amanda Mesler who successfully led the entire team through this transaction, and the rest of the Minna team along those years). We look forward to witnessing the Minna team’s continued success under Mastercard’s leadership as they build upon the solid foundation they’ve established.” #fintech #financialtechnologies #financialservices #AI #VC #innovation #Luxembourg #technology

We are excited to announce our new investment in fundcraft, the pioneering platform transforming the fund services industry. MiddleGame Ventures co-led the funding round alongside 3VC and returning investors such as Aperture to support fundcraft’s critical mission of modernizing and automating fund services delivery. The fund services industry, traditionally reliant on outdated technology and manual processes, has long suffered from fragmentation and underinvestment. fundcraft is at the forefront of intelligent automation, offering a comprehensive technology solution that addresses back-end processes, supports middle-office activities, and enhances front-end interactions with users. We believe fundcraft’s platform will redefine the industry by embedding intelligence through workflow management across essential back-office functions such as accounting, transfer agency, reporting, compliance, investment management, and corporate secretary services. Launched in 2020 in Luxembourg, fundcraft is built on a cloud-native, API-first platform that provides an end-to-end solution across fund operations. The platform delivers key benefits to fund managers, including the flexibility to adapt to evolving regulations, full audit and traceability capabilities, and the scalability to launch funds quickly and efficiently. With its ability to digitize and automate fund servicing, fundcraft is uniquely positioned to lead the intelligent transformation of fund management processes. Managing Partner Pascal Bouvier shared his enthusiasm: “We are thrilled to support fundcraft as they embed intelligence through workflow automation across the entire fund servicing value chain. Their platform is setting a new standard for efficiency, transparency, and scalability in the industry.” #fintech #Luxembourg #financialservices #fundtech #VC

We are excited to announce our investment in One Trading, the leading regulated digital asset platform providing European investors with access to institutional-grade assets. MiddleGame Ventures’ participation in One Trading’s latest funding round, alongside SC Ventures, reinforces our commitment to advancing One Trading’s critical mission of digitizing financial markets. We believe that digital asset adoption will continue to rise among both institutions and retail investors, while the tokenization of financial and physical assets will increasingly penetrate capital markets and asset management. As a result, infrastructure providers offering services to digital assets are poised to capitalize on these evolving trends. One Trading, based in the Netherlands, has also achieved a significant milestone by securing an Organised Trading Facility license from the Dutch financial market regulator, making it the first MiFID II-compliant digital asset perpetual futures trading venue in the EU. This investment will facilitate the launch of these innovative products, available to both institutional and retail clients, beginning with BTC and ETH. It sets a new benchmark for regulated trading in the region. Managing Partner 🏉 Pascal Bouvier shared his enthusiasm: “We are thrilled to continue our partnership with Joshua Barraclough and the One Trading team. Their regulatory-first approach positions them as the first MiFID II-compliant trading venue for digital asset perpetual futures in the EU. This achievement cements their leadership in offering secure, compliant, and institutional-grade solutions in the fast-evolving digital asset derivatives market.” #fintech #tokenization #digitalasset #derivatives #token #vc #venturecapital

🚀 MiddleGame Ventures had a fantastic experience at IPEM Paris 2024! It was a pleasure to be at the heart of Europe’s leading private capital event, engaging with industry leaders, investors, and innovators under the theme “Forging Confidence.” The discussions on navigating today’s evolving market conditions and building investment confidence were both timely and inspiring. We were thrilled to connect with new partners, exchange insights, and explore opportunities that will shape the future of financial technology and innovation. A big thank you to everyone who took the time to meet with us and shared their perspectives, particularly LPEA - Luxembourg Private Equity & Venture Capital Association and H.E. the Ambassador of Luxembourg to France Marc Ungeheuer. We look forward to continuing these valuable conversations and collaborations as we drive forward the future of finance. Until next time, Paris! #IPEM2024 #PrivateEquity #VentureCapital #MiddleGameVentures #Fintech #LPEA

Thrilled to share that MiddleGame Ventures will be participating in IPEM 2024 in Paris this September! We look forward to engaging with industry peers, exploring new investment opportunities, and discussing the latest trends in fintech and venture capital. If you're attending, we’d love to connect! #IPEM2024 #VentureCapital #Fintech #Networking

 The market correction has led to more realistic and tangible valuations for fintech companies. Current valuations are now around 4x revenues, down from the previous highs of 20x. This adjustment provides a more stable and attractive entry point for investors. On the other hand, fintech revenues have been growing at an average annual rate of 14%, and when excluding China and cryptocurrencies, this rate increases to 21%. This indicates a healthy and expanding market. Not to ignore that recalibration in the market has made it possible to access high-quality fintech companies that might have been previously out of reach due to inflated valuations and heightened competition from larger, non-specialized funds. Last but not least, the fintech sector continues to experience rapid growth and innovation. Emerging technologies like blockchain, artificial intelligence, and machine learning are transforming financial services, making them more efficient, secure, and accessible. This ongoing evolution presents numerous investment opportunities. The LHoFT - Luxembourg House of Financial Technology LPEA - Luxembourg Private Equity & Venture Capital Association LBAN - Luxembourg Business Angel Network

We at Trustap are thrilled to announce that we have secured $5.5 million in funding! 🎉 These funds will be used to drive Trustap forward, as we focus on product growth and market expansion. Read more about our plans, and hear what Trustap CEO Conor Lyden has to say, in The Irish Times: https://lnkd.in/eAVvNs6e

Pascal Bouvier, co-founder and managing partner of the Luxembourg-based VC firm MiddleGame Ventures has been appointed as a new board member. Middlegame Ventures has become a key player in the VC industry in Luxembourg and a significant contributor to the fintech sector. MGV’s partners are actively involved in all relevant organizations, including The LHoFT - Luxembourg House of Financial Technology LPEA - Luxembourg Private Equity & Venture Capital Association and LBAN - Luxembourg Business Angel Network collaborating with others such as Luxinnovation GIE , ALFI - Association of the Luxembourg Fund Industry House of Startups Luxembourg Startups.lu , playing a crucial role in developing the Luxembourg startup ecosystem and the funds services industry. This appointment to the LPEA board marks another milestone in MGV's commitment to Luxembourg's growth and innovation. Société Nationale de Crédit et d'Investissement European Investment Fund (EIF) Marjut Falkstedt Nicola Maglione Uli Grabenwarter Claus Mansfeldt Stéphane Pesch Bjorn Tremmerie Loic Bertoli Lex Delles Gilles Roth Ministère de l'Économie - Luxembourg Ministry of Finance, Luxembourg Michele Gallo Bob Kieffer Luxembourg for Finance Tom Théobald #fintech #venturecapital

We are pleased to announce the first close of our third fintech fund, with returning and new limited partners. See our pr in link. #fintech #venturecapital #vc #startups #cybersecurity #financialservices European Investment Fund (EIF) S&P Global National Treasury Management Agency Nicola Maglione Adrian Byrne Ireland Strategic Investment Fund Katie Price https://lnkd.in/eSsVfyrC