Barclays executive Simon Taylor will be leaving his position at the bank to join 11:FS, a new FinTech-focused venture capital fund, as a co-founder. According to a Business Insider report, Taylor served as a VP of Entrepreneurial Partnerships at Barclays for the past three years, where he lead the bank’s R&D efforts into the applications of blockchains in the financial industry. Taylor will be leaving Barclays for the 11:FS venture …
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According to recent reports, it seems like a new fintech consultancy firm is trying to raise a total of $50 million to invest in blockchain-based startups that strive to bring the technology over to the baking industry. So far, 11FS, the company in question, has managed to raise $5 million following a seed funding round from a Singapore venture capital, known by the name of Life.SREDA. At this moment in …
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