Collector divests Collector Ventures
Collector AB (“Collector”) has entered into an agreement to divest its entire holding in Collector Ventures 1 Kommanditbolag (“Collector Ventures”), which manages Collector’s investment business focusing on fintech, to NFT Ventures for SEK 330 million on a cash and debt free basis. The transaction is expected to close during the first quarter 2021.Collector Ventures was founded jointly with NFT Ventures in 2016 with the purpose of making investments in fintech companies. Since its establishment Collector Ventures has invested in 28 companies and carried out two exits. The investment