EJF Ventures Fund has completed a fundraising of $104 million, which will be invested in areas such as blockchain infrastructure

ChainCatcher news, alternative asset management company EJF Capital LLC has raised $104 million for its EJF Ventures Fund.

It is reported that the EJF Ventures Fund will seek to invest in early-stage fintech startups, with a particular focus on areas such as blockchain infrastructure, banking technology, and wealth management and capital markets software. The fund will also provide strategic guidance and capital to startups focused on offering innovative solutions in real-time payments, data analytics and coordination, risk management, and customer acquisition.