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BDC Capital and iA Come in As New Investors to Boost Luge Capital Value to $85 Million

In a fresh development, Canada based Fintech firm Luge Capital has announced that it has attracted investments from iA Financial Group and BDC Capital. The fresh investment from these two groups has brought the entire size of Luge Capital to $85, and it goes without saying that it is a significant development. Luge Capital is involved in working with Fintech companies, which are at their earlier stages of development and are focused on creating an ecosystem for a new generation of financial services companies.

BDC Capital has $3 billion under management, while iA Financial manages $187 billion, and their investment in the Luge suggests that large institutions are now positive about the company’s progress. The existing investors in the company are heavy hitters like Sun Life Financial,…

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