13 December 2017
visit www.solutions.lexisnexis.com

AXA sets up EUR200 million disruptive venture fund

25 February 2015  |  7643 views  |  0 cash

AXA has launched a EUR200 million venture capital fund dedicated to investing in budding strategic innovations in the insurance, asset management, financial technology and healthcare service industries.

Led by François Robinet, with a presence in San Francisco, New York, London, Paris, Zurich and Berlin, and plans to launch in Asia in the near future, AXA Strategic Ventures will have on-the-ground coverage of investment opportunities across the globe.

Henri de Castries, chairman and CEO of AXA, says the aim of the fund is to harness technological disruption for the benefit of the Group.

“Through AXA Strategic Ventures, we will leverage our global reach, capital and scale to serve as an accelerating force for start-up companies which have the potential to bring new approaches to the insurance model," he says. "We are aiming through this investment to better serve our customers and improve our daily interactions with them.”

AXA has already successfully seeded start-ups in Europe, with investments in five companies through the “AXA Seed Factory” - a seed fund launched in France in June 2013 and that will now be folded into AXA SV.

ChannelsCARDS
KeywordsINSURANCE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

AXA opens API store for developer community

AXA opens API store for developer community

19 March 2012  |  22171 views  |  2 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.response.ncr.comvisit www.solutions.lexisnexis.com

Who is commenting?

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11937 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9067 views comments | 15 tweets | 21 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7410 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7210 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7050 views comments | 20 tweets | 11 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job