Yolo Investment Firm Makes First Portfolio Exit with 5.8x ROI

investment firm

Bitcoin Press Release: Estonian Fintech investment firm Yolo exits with Coolbet sports betting operator, recording 5.8x ROI. The deal was the first start-to-exit investment for Yolo Investments. 

 

15th December 2020, Tallinn, EstoniaGaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio.

 

General Partner and Founder of Yolo Investments Tim Heath said: 

 

“This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.”

 

The funds will be used to reinvest in Yolo’s growing investment portfolio, which spans 46 investments across four funds focused on fintech, gaming and live casino, as well as other related products and services.

 

Tim continued

“We wish all the best for Coolbet as it takes things to new heights with GAN, and look forward to achieving similar results with the rest of our portfolio, of which many are increasing significantly in valuation.” 

 

About Yolo Investments

Yolo Investments is a venture capital, focused on seed- and A-stage investment opportunities across gaming and fintech. Based in Estonia, Yolo’s mission is to invest in outstanding people with bright ideas, who are focused on innovating and disrupting the norm in all manner of tech startups. 

 

Founded in 2017 by Tim Heath as Vereeni Investments, Yolo has created a thriving ecosystem with ventures across a variety of industries, including fintech, gambling, media, software development, crypto and blockchain-related companies. 

 

Learn more about Yolo Investmentshttps://yolo.io

 

Media Contact Details

Contact Email: press@coingaming.io

 

Yolo is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

Source

The post Yolo Investment Firm Makes First Portfolio Exit with 5.8x ROI appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 8+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

MoneyNext Summit Goes Virtual, Live Discussion Panel Starts August 18th, 2020

MoneyNext Summit Online is the leading virtual event to address the current financial landscape and offer insight and opinion into the future of money. 

MoneyNext Summit Online is a bigger and more complex version of Fintech Friday panel discussion, and is taking place from 18th to 21st August 2020. The event will assist fintech and tech professionals shape the future of money.

MoneyNext Summit Online gives users access to over 30 hours of exceptional content across 4 days and a line-up of 180 speakers – fintechs and disruptors, technology decision makers to discuss, debate and challenge the latest industry trends and future innovations alongside an audience of 5000 people from tech giants and latest startups.

The conference themes that will be in spotlight include Banking Transformation, Payments and Transfers, Blockchain, Open Banking, Lending and Finance, Insurtech and Security. 

Industry captains from Finance and IT will share their trials and successes to help your business adapt and thrive. Some of the top speakers to take the virtual stage in 2020:

RICHARD DAVIES – CEO Banking, Revolut

CRAIG WELLMAN – Director Financial Services, Microsoft

ANDREA DUNLOP – Chairwoman of the Emerging Payments Association

JASON MAUDE – Head of Technology Advocacy, Starling

AMNAH AJMAL – Group Executive – Merchants, Acceptance & Digital Partnerships, Mastercard

LUCY DEMERY – Global Head of FinTech Banking, Standard Chartered

CAROLINE AMBROSE – Director – Open Banking Implementation, Barclays

CHRIS HIGHAM – Head of Strategy & Change – Payments, Virgin Money

STEPHEN INGLEDEW – Chief Executive, FinTech Scotland

BECKY MOFFAT – Global Head of RBWM Customer Marketing, HSBC

NOUAMANE CHERKAOUI – CIO, Société Générale

SIMON VINEY – Cyber Security Financial Services Sector Lead, BAE Systems

The event is completely free to attend. Register now at https://moneynextsummit.com/online/registration and follow #MoneyNextOnline hashtag on social media for the event’s latest updates and news.

MoneyNext is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post MoneyNext Summit Goes Virtual, Live Discussion Panel Starts August 18th, 2020 appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – Massive Exposure For Bitcoin Services, Projects, and Merchants

Source: BPRB Feed