Nova Founders Capital receives $50M from Hong Kong’s Pacific Century Group to boost fintech in Asia

TechInAsia

Nova Founders Capital receives $50M from Hong Kong’s Pacific Century Group to boost fintech in Asia

Fintech startups in Asia might see an influx of new cash in the coming years. Nova Founders Capital, an Asia-focused VC firm created by Rocket internet alumni Mads Faurholt-Jorgensen and Raphael Strauch, has announced it just received a US$50 million investment from Pacific Century Group, an investment company founded by Richard Li, son of Hong Kong’s Li Ka-Shing (aka “Asia’s richest man”).