Motive Partners raises $2.54 bn for VC funding

Motive Partners, a private equity firm focused on financial technology, announced the final close of its second flagship fund, Motive Capital Fund 2, with total capital commitments of $2.54 billion for the Fund.

The Fund focuses on growth and buyout investments in software, investment and information services businesses located in North America and Europe. The Fund has already partnered with ten companies – InvestCloud, Insurify, Wilshire, Trumid, Motive Capital Corp II, CAIS, FNZ, Forge Global, BetaNXT and Backbase.