“There’s still a massive opportunity to provide capital that UK SMEs wouldn’t have access to otherwise,” says Umbra Capital’s Diquez

App-y travellers

Umbra Capital, a one-year old London-based merchant bank, provided a USD20 million equity portion in a USD270 million funding round in socially responsible capital app Hastee in December.

Gustavo Diquez, managing partner at Umbra, told Private Equity Wire the firm wants to keep a focus on socially responsible investing going forward, as there’s appetite from investors and family offices in particular, as well as an interesting overlap with new technologies.

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