Portage to acquire select fintech assets of Point72 Ventures.

Portage, a global fintech investment platform, agreed to acquire select fintech assets of Point72 Ventures, a venture capital investing firm. Financial terms were not disclosed. "This transaction underscores our confidence in the strength of this fintech portfolio and the potential synergies with Portage's existing investments. Moreover, we think our value creation expertise will be a huge asset to these fintech companies as they continue to grow. It's a compelling opportunity to acquire high-quality assets, attract top talent, and solidify Portage's position as a preferred capital partner for fintech investors," Adam Felesky, Portage CEO.