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Fintech-focused Nyca Partners to launch maiden fund

27 Mar 2014

dollar envelope moneyVenture capital firm Nyca Partners, which is led by former Visa president Hans Morris, is preparing to launch its maiden fund.

The fund will invest between $10m and $15m in five to ten startups per year, said Morris, according to PeHUB.

Morris is currently investing his own money with two to three partners expected to join in a month.

Nyca will invest in financial technology companies, targeting merchant payments services, alternative credit networks and tools and other segments.

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