Capital 49 is a new venture capital fund set up by the founders of global fintech payment platform, Airwallex.
The new fund aims to raise US$200 million through the Airwallex founders and other investors, and will focus on investing into early stage, high-growth technology-enabled companies powered by Airwallex’s infrastructure.
It will look for opportunities to invest among companies within Airwallex’s ecosystem, across a number of industries including e-commerce, SaaS, digital and technology, business services and enablers, and fintech.